Al Rayan Bank has announced a partnership with Alexander Hall.
The mortgage brokerage has been added to Al Rayan Bank’s broker panel.
The agreement will see the firm working with the bank to increase awareness of home finance in the Muslim community.
Alexander Hall will be working across two areas of the bank – UK domestic Islamic home finance enquires and enquires from expats in GCC countries who intend to invest in UK property from overseas.
Al Rayan Bank chief commercial officer Maisam Fazal comments: “We are anticipating a strong level of business from Alexander Hall this year.
“Their 25 years’ experience in the sector means we are looking forward to fostering this relationship and increasing awareness of Islamic home finance to mainstream audiences in both the UK and abroad.”
Alexander Hall director of lender relationships and new homes Greg Cunnington says: “One of our responsibilities is to search the market and provide the widest choice of providers as possible for our clients, and it is important to us that we are able to source suitable options for all of them.
“Islamic home finance products provide opportunities for those looking to acquire a home that cannot use non-Islamic home finance products.”