Private Banking

QIB (UK) is a Sharia-compliant private bank in the heart of Mayfair serving HNWI.* A professional and dedicated team of relationship managers is there to assist you with all your banking needs including:

• Current Accounts: available in GBP allowing for convenient settlement of your UK payments

• Debit Cards: linked to your current account with a high daily allowance. The card also functions as an entry pass into our building in Mayfair outside the normal working hours allowing you to use our ATM machine in a secure environment.

• Instant Access Savings Accounts: available in GBP, USD and EUR. These accounts provide you with competitive profit rates whilst allowing you to withdraw any amount without restrictions.

• Notice Accounts: available in GBP, USD and EUR. These accounts provide you with a higher profit rate as long as no funds are withdrawn within the notice periods. You can choose between 93 Days’ Notice and 120 Days’ Notice.

• Wakala Deposits: available in GBP, USD and EUR. These accounts offer highly competitive profit rates on a range of maturities, from 3 months and up to 3 years.
• Foreign Exchange: competitive rates available in various major currency pairings.

• Internet & Mobile Banking: available to personal accounts. It gives you control of managing your accounts 24/7, allowing you to arrange local and international payments in various currencies, setting up direct debits, viewing transactions and much more.

• Property Financing: Murabaha facilities are available for purchase or refinance of London residential properties. Whether it is a Home Finance (Regulated Mortgage) or Investment (Buy-to-Let), our terms are very competitive.  Tailored options of paying profit only or adding an element of amortisation are available, including a choice of either variable or fixed profit rates.

* minimum relationship balance of £1,000,000.