1 and 2 Year fixed-term savings rates from challengers over 1%higher than high street on average Challengers beat high street instant access accounts by 0.85% on average Research by Gatehouse Bank highlights the gulf between challengers and established players London, 12 March 2018 – Challenger banks are eclipsing the High Street’s big names with savings rates more than 1% higher on average, new research by UK challenger bank, Gatehouse Bank, revealed today. The average 1 Yea
Ask someone on the street about Shariah-compliant banking or finance and chances are you’ll receive a blank look. Even Muslims often don’t know where to get started with it and that’s why many end up with standard bank accounts, even though they don’t really want one. But you are going to hear more and more about Shariah-compliant financial services in the coming years as its importance, intensified against a backdrop of Brexit-related uncertainty, comes to the fore. Challeng
Gatehouse Bank has calculated that the value of sukuk assets listed on the LSE would double to £57.8bn in the next decade if issues continue at their current rate of growth. Sukuk (Islamic bonds) offer investments that are structured to adhere to Islamic law, providing shares of tangible assets and returns that are not derived from interest. Charles Haresnape, CEO, Gatehouse Bank, commented: “The woes in the oil market have weighed on the growth of sukuk over the past few yea
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