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Our Partners

NZF has developed key partnerships with other organisations to facilitate the local collection and distribution of Zakat in the UK.

Al Rayan Bank (Formerly Islamic Bank of Britain)

Our finance partner for 2018 is Al Rayan Bank. Al Rayan Bank has pioneered Sharia compliant retail banking in the UK and now offers the largest range of Sharia compliant retail financial products in the UK. These include Sharia compliant mortgage alternatives, the Home Purchase Plan (HPP) and Buy to Let Purchase Plan (BTLPP), current accounts and savings accounts.

The Bank is authorised by the Prudential Regulation Authority, regulated by the Financial Conduct Authority and the Prudential Regulation Authority and is a member of Financial Services Compensation Scheme.

As a Sharia compliant bank, the source of Al Rayan Bank’s funding, profits and business investments must be ethical. They cannot be from businesses that are considered unlawful under Sharia, i.e. companies that deal in interest, alcohol, gambling, pornography, speculation, tobacco, arms and other commodities contrary to Islamic values.

Whilst Al Rayan Bank offers products and services that are designed in accordance with Sharia principles, it is an inclusive, ethical organisation and welcomes customers of all faiths looking for a bank with a transparent, prudent and community-focused approach.

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Meet the Team

Introducing the people behind the National Zakat Foundation