Al Rayan Bank
Fixed Term Deposit
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General

Gross Interest Rate2.17%
Note: Al Rayan Bank operates under Islamic finance principles and rates represent the anticipated profit rate
AERAs above

Opening

Method of opening accountInternet, Telephone, Branch, Post
Minimum age of account holder16
Minimum deposit£1,000
Maximum depositNo maximum
Contact details for opening0808 115 6983
Go to Al Rayan Bamk Website
Al Rayan Bank, PO Box 12461, Birmingham, B16 6AQ

Ongoing

Frequency interest paidQuarterly
Interest fixed until12 months
Details of any bonus ratesN/A
Minimum ongoing balance£1,000
Compound interest or paid into separate accountBoth

Closing/Accessing funds

Withdrawals allowedNo
How withdrawals are madeN/A
Early access penaltiesN/A
Notice requiredN/A