Instant money This is for demonstrative purposes merely and does not simply take into accou

Country’s sole Sharia compliant instant access cash ISA

Wherein earnings happens to be paid and reinvested on maturity.

You should put a minimum of the deposit amount that is minimum.

Product or service summary

Wherein earnings is definitely paid and reinvested on readiness.

You have to leave at least the minimal deposit volume.

Key ideas

0.35% (gross every annum)

Your own revenue is actually measured and paid for your requirements in the previous day of each and every calendar month.

The likely profit price that applies to your very own access immediately wealth ISA happens to be changeable. Which means that it could actually change any time.

If Al Rayan lender transforms the profit that is expected on your own account, we shall create to you offering you enough discover to bear in mind what you can do until the alter requires impact.

That is for illustrative purposes merely and doesn’t take into consideration your own personal conditions. This example thinks that your particular account ended up being established to the first day regarding the thirty days there are was no change to the profit that is expected through the period of this example.

There is a limit into the amount you may put money into an ISA in almost any taxation spring; this might be known as the ISA that is annual adjustment. The annual ISA allowance is now ?20,000 while the amount that is whole become invested in a cash ISA.

This is certainly our very own present understanding of the annual ISA adjustment.

You may merely finance your game account with a account that is direct or simply a cheque from a merchant account in the name. Al Rayan Bank does not recognize alternative party transfers. You possibly can make a deposit in almost any associated with the sticking with means:

  • Exchange funds from another membership within your brand
  • Bring your cheque to just one of one’s branches, or dispatch it to Al Rayan lender PLC, PO container 12461, Birmingham, B16 6AQ using your account wide variety authored from the straight back

Please be aware that you could pay only into one brand new money ISA in each taxation spring. a taxation 12 months works from April 6th of 1 year to April 5th associated with next. You simply cannot hold over any ISA that is unused allowance.

Should you have a money ISA or maybe a stocks and shares ISA together with other suppliers, you’ll be able to transfer either partial or complete balances into a fast connection or addressed Term money ISA with Al Rayan financial. You will want to finish and sign a transfer type, and forward this to usa during the address that is above. It is possible to get yourself a exchange form in any associated with ways that are following

  • By accessing a copy from our site at alrayanbank
  • By contacting us on 0800 4086 407
  • By visiting one of our limbs

Under HM money & Customs ISA regulations, just full transfers of existing tax annum subscriptions (including earnings) are approved.

Associated account

We will place the excess into a linked account nominated by yourself if you try to deposit more than the annual ISA allowance into your new Instant Access Cash ISA in any tax year.

Us to open an On Demand Savings account to act as your linked account, you will receive a welcome pack in relation to this account under separate cover if you asked.

You may withdraw the funds in virtually any of this sticking with techniques:

  • Through Smartphone Banking ( for those who haven’t currently, you’ll want to join. See alrayanbank/mobile-banking to grab the software)
  • By visiting our divisions, or
  • Writing to people at Al Rayan lender PLC, PO Box 12461, Birmingham, B16 6AQ giving people guidelines to create a fee up to a account that is nominated

It’s important to bear in mind that money you only pay into, thereafter withdraw from an Al Rayan financial ISA, however matters to your annual ISA adjustment. One example is, so long as you place ?20,000 to your ISA after which withdrew ?500, you would not have the option to shell out much more money into your ISA or substitute the ?500 prior to the end of the taxation year.



For your benefit that is own and, you will want to thoroughly browse the after essential leaflets when you finalize the program:

More info

The information that is following ought to be read:

To watch PDFs you need the Adobe Acrobat scholar. This product can be obtained cost-free from your Adobe web site. Al Rayan lender isn’t liable for a few possibilities of exterior websites.

Apply online

Should you not get an existing savings account with Al Rayan Bank, you’ll be able to apply online through our secure on-line program.

In the event that you previously store a free account with Al Rayan lender, you can easily make an application for our personal saving accounts throughout your moving savings center.

Electronic savings

Handle your money on the move through all of our moving financial software, or even in enjoyment of the residence throughout the Desktop Portal.