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.
Read moreChallenger banks are eclipsing the High Street’s big names with savings rates more than 1% higher on average, new research by UK challenger bank, Gatehouse Bank, revealed today.
Read moreAsk someone on the street about Shariah-compliant banking or finance and chances are you'll receive a blank look. Even Muslims often don't know where to get started with it and that's why many end up with standard bank accounts, even though they don't really want one.
Gatehouse Bank has calculated that the value of sukuk assets listed on the LSE would double to £57.8bn in the next decade if issues continue at their current rate of growth.