NEWS

Ethical Edges It: Gatehouse Bank Announces Table - Topping Savings Rate

UK challenger bank, Gatehouse Bank, refreshes its savings rates and tops the table with its best-buy 60 Day Notice account New rates on FSCS-protected accounts demonstrate growing challenge being mounted by banks that are ethical by intention - because they are Shariah-compliant UK challenger bank,Gatehouse Bank, has increased the returns on the majority of its ethical Milestone Savings accounts, with its 60 Day Notice account offering customers a table-topping 1.15%. As a Shariah-compliant UK bank, Gatehouse Bank’s savings products are ethical by intention and pay an alternative to interest called the Expected Profit Rate (EPR). The new Fixed Term Deposit and Notice accounts, along with the

Gatehouse Acquires Four Properties Leased to BlueLinx

Gatehouse Financial Group (Gatehouse) is pleased to announce it has acquired a portfolio (“The Portfolio”) of four industrial properties through a JV with Brennan Investment Group, assisted by Arch Street Capital Advisors. The Portfolio consists of four properties leased to BlueLinx Holdings Inc., a leading building and industrial products distribution company (NYSE: BXC), and were acquired through sale-lease back transactions. The 2.3 million square foot Portfolio is situated in the Northeast, and Southeast regions of the U.S. States. Specifically, the properties are located in Georgia, Maryland, Massachusetts and North Carolina. "We are pleased to acquire this Portfolio at a time

Charles Haresnape joins as Gatehouse Bank CEO

LONDON – May, 2017: Gatehouse Bank plc (“Gatehouse” or the “Bank”), a Shariah-compliant Bank based in London, is pleased to announce the appointment of Charles Haresnape as Chief Executive Officer, with effect from the 8th of May. Charles has taken over from Fahed Faisal Boodai, Chairman and Co-Founder of Gatehouse Financial Group (“the Group”), who has acted as CEO of Gatehouse during the past year. Mr. Boodai will return to his role as Chairman of the Group. Charles’s appointment marks an exciting time for Gatehouse, as it seeks to deliver for shareholders on the opportunity, which exists in banking activities, real estate investment and financing, and residential property financing. Charl

New Milton Keynes Customer Service Centre paves the way for significant growth in the Shariah-compli

Mr. Charles Haresnape, His Worship The Mayor of Milton Keynes Councillor David Hopkins and Mr. Fahed Boodai Gatehouse Bank Announces Opening of Major New Office New Milton Keynes Customer Service Centre paves the way for significant growth in the Shariah-compliant ‘home finance’ market Gatehouse Bank, the Shariah-compliant UK bank, has opened a major customer service centre in Milton Keynes, it was announced today. The new office is integral to the bank’s ambitious growth plans, which include a new strategy focusing on the introduction of ‘home finance’, in addition to its current buy-to-let products and successful development/build-to-rent division. The Department for International Trade pr

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