3 Year Fixed
| Provider | Rate | Min/Max Deposit | Opening Account | Accessing Account | Interest Options | SG Verdict |
|---|---|---|---|---|---|---|
|
2.52% | £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 |
|
2.40% | £1,000 / £1,000,000 | Branch | Branch |
| First entry in our best buy tables for fixed rate bonds this year from Peterborough based Aldermore, who launched in 2009 and look after £7.8bn of deposits. Joint best rate from a none Sharia bank. |
|
2.40% | £1,000 / £1,000,000 | Branch | Branch |
| This account pays expected profit, rather than interest, to meet Sharia law requirements. |
|
2.55% | £1,000 / £85,000 | Branch | Branch |
| This account pays expected profit, rather than interest, to meet Sharia law requirements. |
|
2.40% | £1,000 / £2,500,000 | Branch | Branch |
| Tandem Bank acquired Harrods Bank in January 2018. The bond only allows one payment in to fund the account and cannot be managed online. These factors may limit the attractiveness for savers |
|
2.40% | £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 |