New Islamic mortgages launched

Published October 17th, 2005 - 06:53 GMT
Al Bawaba
Al Bawaba

Bristol & West, part of the Bank of Ireland Group, and ABC International Bank, the London-based subsidiary of Bahrain-based Arab Banking Corporation, have extended their range of Islamic mortgages with the launch of a “Buy-to-Let” mortgage for the UK’s two million or so Muslims, the Arab News.

 

Earlier this year, ABC International Bank also introduced a tax-efficient Islamic mortgage product specifically aimed at expatriates from the Gulf states and from Asia.