Islamic Mortgage Guide

Compare UK Islamic & halal mortgages.

The UK market, checked in public. Every material figure sourced, every change dated.

Independent research into the halal mortgage UK market: which providers are open, their published rates, deposits and fees, and what we could not verify. The propositions in our register are regulated Home Purchase Plans and other Sharia-compliant home finance structures, and for every one we track we show the source, the date, and anything we could not verify. We are researchers, not advisers, and we show our working.

Compare Islamic mortgages Calculate an estimate
LOWEST MAINSTREAM UK-RESIDENT INITIAL RATE WE TRACK, ANY PRODUCT SHAPE · GATEHOUSE BANK
5.53%
THE CONDITIONS THAT EARN IT

Fixed, up to 65% finance-to-value, EPC A or B required. £499 product fee plus £149 application fee. SVR 7.25%. Rate card effective 6 August 2026; still on the provider's live page when we checked 9 October 2026.

View assumptions and source
CHECKED · 09 OCT 2026

Mainstream Islamic mortgage providers open to UK-resident applicants

Ordered by the benchmark rate: UK resident, 20% deposit, two-year fixed; unverified last CHECKED · 09 OCT 2026
Gatehouse Bank Property: England and Wales RATE AT 80% FINANCE-TO-VALUE, 2-YEAR FIXED 5.58% EPC A or B required Lowest anywhere in its range 5.53%, on a different product shape · 40 published products DEPOSIT FROM 5% up to 95% finance-to-value. The top tier applies to UK residents, house or new build properties, purchase only, finance up to £600k; lower ceilings apply in other cases, down to 70% finance-to-value. FINANCE FROM £75,000 to £5m standard; up to £10m referral Offa Property: England and Wales RATE AT 80% FINANCE-TO-VALUE, 2-YEAR FIXED 6.65% Lowest anywhere in its range 6.44%, on a different product shape · 16 published products DEPOSIT FROM 5% up to 95% finance-to-value. The top tier applies to UK residents; lower ceilings apply in other cases, down to 80% finance-to-value. FINANCE FROM £60,000 to £1.5m; new build max £1m StrideUp Property: England RATE AT 80% FINANCE-TO-VALUE, 2-YEAR FIXED Current rate not independently verified manual confirmation outstanding DEPOSIT FROM 10% or 15% the provider publishes 85% and 90% and we have not established which governs. The top tier applies to house or flat properties; lower ceilings apply in other cases, down to 80% finance-to-value. FINANCE FROM £50,000 to Up to £1.5m published, tiered by finance-to-value on the intermediary channel

These are the halal mortgage providers we can currently evidence. 3 of the 13 propositions we track are mainstream Home Purchase Plans open to standard UK-resident owner-occupier applications. The rest serve specific customers, or could not be verified. Headline figures carry conditions; the register shows every one with its source. Open the full comparison · See specialist and international propositions in the provider register · Track Islamic mortgage rates

What an Islamic or halal mortgage would cost you.

Three numbers give a first estimate. We price your figures against every published initial rate we hold, fees included, and show the lowest monthly payment in the dataset. The full Islamic mortgage calculator shows total costs, follow-on rates and the working.

Free. No signup. Your figures are not stored or sent anywhere.

LOWEST MODELLED MONTHLY, ON PUBLISHED INITIAL RATES – Open the full Islamic and halal mortgage calculator

A modelled illustration on published initial rates for products open to UK residents, not a quote or an offer. Any condition on the winning product, such as an EPC requirement, is named with the figure. Follow-on rates, affordability, credit history and the property all change the answer. Track Islamic mortgage rates

Where are you in this?

Published eligibility can rule a provider out before the rate ever matters. Start with the thing that describes you, or check the published criteria against your answers.

I am buying my first home What deposit you need, which providers accept 5%, and how affordability is assessed. Islamic mortgages for first-time buyers I am self-employed How many years of accounts each provider wants, and who accepts one. Islamic mortgages for self-employed applicants I am on a visa, or not settled Which providers accept non-settled applicants, and at what deposit. Islamic mortgages on a visa I want to know if it is genuinely halal Where scholars agree and disagree, reported with attribution. We do not issue rulings. Are Islamic mortgages halal? I already have one and want to switch Who accepts refinance, what it costs to leave, and when switching is worth it. Islamic remortgage guide My question is not on this list Published criteria only go so far. Ask the thing they do not cover, free, with no obligation. Ask an adviser your question

How Islamic and halal mortgages work.

Most UK products called Islamic mortgages, halal mortgages or Sharia mortgages are regulated Home Purchase Plans. Many use co-ownership, known as diminishing musharaka: you and the provider buy the property together, you pay rent on the provider's share, and you gradually acquire more of it until the home is yours. Others use murabaha, a sale at an agreed profit, which in the UK usually takes a commodity form where you own the home from the start.

Providers describe these arrangements as Sharia-compliant because they avoid a conventional interest-bearing loan contract, which is what the prohibition on riba is understood to forbid, although their pricing may still follow conventional market benchmarks. Scholars differ on whether every structure achieves its stated objectives, so we report the published positions rather than issuing our own ruling. Read how Islamic mortgages work · Where scholars disagree · What a Home Purchase Plan is

A co-ownership home purchase plan in four steps

  1. You put in a deposit

    Your opening share of the home.

  2. The provider buys the rest

    It owns a share. Nothing is lent.

  3. You pay rent and buy its share

    One monthly payment does both.

  4. The home becomes yours

    When the provider owns nothing.

Where Islamic mortgage comparisons go wrong.

Three habits do the damage in this market, and avoiding them is the entire reason this site exists.

  1. 3 of 13mainstream and open Mixing providers who serve completely different applicants A list can name every firm that has ever offered Islamic finance in the UK. Of the 13 propositions we track, 3 are mainstream plans open to standard UK-resident owner-occupier applications. The others serve GCC applicants, private-banking clients, or existing customers only.
  2. 09 OCTlatest market check Printing rates with no date A rate without a checked date is a rumour. Every figure here carries the day we read it, and we flag a rate card that has gone stale rather than quietly leaving it up.
  3. 21gaps published Presenting missing information as though it were settled We publish 21 open questions, each naming the provider, what we asked and when. When two of a provider's own pages disagree, we show both rather than picking the flattering one.

Latest checks and corrections.

Research that never admits a gap is marketing. The newest entry in each column of the record:

StrideUp Current rental rates. OPEN QUESTION
09 OCT 2026 Four Gatehouse Bank records and statements of ours were wrong. Our finance-to-value records gave British expats and international residents 80% with no finance limit, and applied the 75% (to £3m) and 70% (to £5m) tiers to UK residents only; Gatehouse's personal home finance page and its up-to-80% criteria guide put the 80% tier at up to £2m of finance and the 75% and 70% tiers on all three customer types, so the eligibility checker could pass an expat at 80% on more than £2m. Our profile said the energy-efficient product is exactly 0.10 points lower than the standard one in every matched pair; that holds for the 16 pairs open to a purchase, while in the 4 pairs of its refinance-only range the two are priced the same, which our matching had masked. The profile dated its rate grid to the 5 September 2026 card, when most of the grid comes from the 6 August 2026 card. Two fact notes cited its above-80% criteria guide as HPPCG120826V1; the guide we read is HPPCG120826V2, and the wording is the same. Our terms hub also left Gatehouse out of diminishing musharaka and ijara, because its register entry gives only its own name for the structure, Acquisition and Rent; its Sharia certificate names a Diminishing Musharakah Agreement and a lease. CORRECTION

21 open questions · 118 dated entries. See everything we could not verify, and what we changed · How we work

Compare, calculate and understand.

Compare providers THE REGISTER Every UK Islamic home finance proposition we track, on one ruled page. Rates, deposits, criteria and status, with the evidence one click deep. Check published criteria THE CRITERIA DESK Seven questions against the published eligibility rules we hold, with every pass, conflict and unresolved criterion shown. Nothing you enter is sent to us. Calculate your costs THE WORKBENCH Your figures against every published rate we hold, fees included, arithmetic shown. Nothing you type is sent to us. See what more deposit buys THE THRESHOLD DESK Move two sliders. See which products your deposit reaches, the next threshold worth crossing, and what crossing it is genuinely worth. Nothing you type is sent to us. Understand Islamic home finance THE LIBRARY Ten guides, one per question: how the structures work, who qualifies, and what the difference costs. We report scholarly positions; we never rule on them.

Common questions about this site

Which Islamic mortgage providers are open to UK buyers right now?
As of our last full market check, 3 mainstream providers were open to standard UK-resident owner-occupier applications: Gatehouse Bank, StrideUp, Offa. We track 13 propositions in total; the others serve narrower customers, use different structures, or had no route we could verify. The register lists every one with its status and the evidence.
Is Islamic Mortgage Guide independent?
Nobody pays us at present: no commercial partners, no referral arrangements, no advertising and no affiliate links. No provider can pay to appear, to improve how it is described, or to have a finding softened. If that ever changes, our how-we-make-money page changes first, and the policy it describes cannot change quietly.
How current is the information on this site?
Every material figure carries the date we checked it. Rates are re-checked every 14 days and criteria every 60, and the change log records every observed market change and every material correction under its published definition, 118 dated entries so far. Where we could not verify something we publish the gap, currently 21 open questions, rather than an estimate.
Do you give Islamic mortgage advice?
No. We are researchers, not advisers. We publish what providers state, with sources and dates, and we build tools that test your figures against published criteria and pricing. We do not recommend a provider, we do not currently pass enquiries to anyone, and nothing here is a personal recommendation. Decisions about regulated home finance deserve an authorised adviser.

Start with who would actually take you.

The register holds 78 rate records from 64 sources, each with the date we checked it. Free, no signup, sources shown, and we will tell you when we are not sure.

Compare Islamic mortgages Work out the cost

Think we have something wrong? Tell us and we will correct it publicly in the change log, with the date.