THE Islamic Bank of Britain has joined the world of internet banking, making Islamic banking more accessible to its customers, writes Sara Black The bank, which has a branch on South Road, Southall, has also launched a Sharia'a compliant direct savings account, making it the only British bank to offer Sharia'a compliant savings.
Sharia'a is the principles of Islamic law and the IBB is the only totally Islamic British bank in the UK.
Although designed to cater for Mulslims, the bank welcomes customers of all religions.
It has been voted best provider of Islamic finance in Europe.
Ashraf Piranie, IBB's finance director, said: "Since 2004, when the FSA gave us permission to launch, we have grown to become a leading provider of Islamic financial services in the UK.
"The launch of our internet banking facility means that our unique service is now available to a much broader range of customers.
"We see the launch of our internet banking as a major milestone in the development of Islamic finance in the UK, which will make it accessible and appealing to many more of the UK Muslim population."
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