Tagged: Britain

Sesame partner with Islamic Bank of Britain

Sesame partner with Islamic Bank of Britain

Following the partnership between Sesame and Islamic Bank of Britain for Islamic mortgage alternative, Sesame Network members will have the opportunity to access the full range of IBB’s Sharia compliant mortgage alternative, the Home Purchase Plan.
I…

Islamic Bank of Britain taken over

Islamic Bank of Britain taken over

The Islamic Bank of Britain is being acquired by the Qatari International Islamic Bank in an unconditional cash offer.
Under the terms of the deal, shareholders in the Islamic Bank of Britain can receive one penny in cash for each share. The Offer repr…

Islamic finance faces political hurdles in US

Islamic finance faces political hurdles in US

From Australia to Britain and even France, which recently banned the face-veil, Western economies are adjusting their laws to encourage growth in the Islamic finance sector they hope will attract wealthy Gulf investors.
Enthusiasm in the US has been te…

Islamic Bank of Britain signs up AMPD

Islamic Bank of Britain signs up AMPD

Islamic Bank of Britain has joined forces with the Alliance of Mortgage Packagers and Distributors (AMPD) to offer the full range of its Sharia-compliant mortgages. IBB’s Home Purchase Plan (HPP) allows those consumers seeking a mortgage, home financ…