10.01.2013 - Islamic Bank diversifies Sharia compliant range with rent-only product
Islamic Bank of Britain, the UKs only wholly Sharia compliant retail bank, has diversified its Sharia compliant Buy to Let Purchase Plan product range with the launch of a rent only BTLPP. IBBs BTLPP is a variable rental rate product available to landlords, of any faith, with a deposit of 35% at a rental rate of 5.49%. Other features include: The ability to make additional acquisition payments, without penalty, subject to a minimum amount of 4,000..............................................Full Article: Source
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