3 Year Fixed
| Provider | Rate | Min/Max Deposit | Opening Account | Accessing Account | Interest Options | SG Verdict |
|---|---|---|---|---|---|---|
|
2.42% | £1,000 / No Maximum | Branch | Branch |
| This account pays expected profit, rather than interest, to meet Sharia law requirements. Those savers comfortable with this are likely to be attracted by the rate and variety of channels to open and manage their account |
|
2.32% | £10,000 / £250,000 | Branch | Branch |
| Arbuthnot Direct is part of private bank Arbuthnot Latham and launched in February 2019. It has a quick application process and a 14 day cooling period. |
|
2.15% | £1,000 / £200,000 | Branch | Branch |
|
Axis Bank UK is owned by Axis Bank, who are India’s third largest private sector bank. Axis has one branch on Chiswell Street in London |
|
2.55% | £1,000 / £1,000,000 | Branch | Branch |
| This account pays expected profit, rather than interest, to meet Sharia law requirements. |
|
2.45% | £1,000 / £85,000 | Branch | Branch |
| This account pays expected profit, rather than interest, to meet Sharia law requirements. |
|
2.20% | £500 / £1,000,000 | Branch | Branch |
| Competitive rate from London based specialist lender United Trust. Savers should note that, while this account can be opened online, it can only be managed by post or at UTB’s branch in Moorgate, London |
|
2.30% | £2,000 / £2,000,000 | Branch | Branch |
| Zenith Bank UK is a subsidiary of Zenith Bank Plc, one of Nigeria’s leading banks. Savers should note that, while this account can be opened online, it can only be managed by post |