
Al Rayan Bank has partnered with mortgage broker Alexander Hall.
Alexander Hall — the sister company of Foxtons estate agents — has been added to the bank’s panel of mortgage brokers and will aim to increase awareness of Al Rayan’s home finance proposition.
The mortgage broker will refer UK domestic Islamic home finance enquiries, as well as enquiries from expats in Gulf Cooperation Council countries who are looking to invest in the UK property market from overseas.
“[Alexander Hall’s] 25 years of experience in the sector and position as one of the top mortgage brokers in the UK means we’re looking forward to fostering this relationship, and increasing awareness of Islamic home finance to mainstream audiences in both the UK and abroad,” said Maisam Fazal, chief commercial officer at Al Rayan Bank (pictured above).
Greg Cunnington, director of lender relationships and new homes at Alexander Hall, added: “One of our responsibilities is to search the market and provide the widest choice of providers as possible for our clients, and it is important to us that we are able to source suitable options for all of them.”
-
Temenos partners with ClearBank for cloud payments
Banking software company Temenos has formed a strategic relationship with ClearBank to provide banks with a faster route to market for real-time cloud payments...
-
Unity Trust Bank registers 34% rise in profits
Unity Trust Bank increased profits by 34% in 2019...
-
Believe the hype – why explainable AI is a trend that’s here to stay
Technology has become a ubiquitous part of our day-to-day lives...
-
Piloting tech updates: ‘The bigger the bank, the harder it is to get anything done’
In the latest Medianett filmed roundtable session, we discussed how important technology is in the banking space, and what impact the industry expects it to have on its businesses in the future...
-
What banks need to know about cloud security
One of the most common perceived concerns when adopting the cloud is the issue of security...
-
OakNorth sees 95% increase in pre-tax profits
OakNorth Bank has announced a 95% rise in pre-tax profits in 2019 to £65.9m, up from the £33.9m recorded in 2018...
-
Redwood Bank signs up to Women in Finance Charter
Redwood Bank has announced that it has signed up to the Women in Finance (WIF) Charter...
-
Masthaven launches digital Women in Leadership programme
Masthaven Bank has launched a new Women in Leadership digital development programme for female senior leaders...
-
Protecting against supply chain disruption and the domino effect
Disappointingly, many UK SME business owners don’t understand their supply chains...
-
Confused about which Isa to choose? Hopefully this mini-guide will help…
We are now firmly in Isa season, so you’re likely to read multiple articles about the most competitive Isa products in the market and how best to make the most of your Isa allowance before the end of the tax year...
-
Garden shed entrepreneurs contribute £16.6bn to the UK economy
Entrepreneurs who run their businesses from garden sheds contribute £16.6bn annually to the UK economy, according to a recent study...