Islamic bank tempts savers with 4pc rate
The Islamic Bank of Britain offers a two-year fixed account with an expected profit rate of 4pc. People of any faith can take advantage of this table-topping offer. Since the bank's investments go to Sharia compliant and ethical trading activities, the 4pc are not paid as interest but offered as an 'expected profit rate'. This account rate os only available from July 21 until August 19.
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