City UK - Global Trends in Islamic Finance and the UK Market
Source: TheCityUK, Global Trends in Islamic Finance - September 2017
UK challenger bank, Gatehouse Bank, today announced the formal launch of its Shariah-compliant home finance platform, based on the state-of-the-art ‘Apprivo2’ technology developed by financial services software provider, BEP Systems.
- 1 and 2 Year fixed-term savings rates from challengers over 1% higher than high street on average
- Challengers beat high street instant access accounts by 0.85% on average
- Research by Gatehouse Bank highlights the gulf between challengers and established players