Compare UK Islamic mortgage providers
3 providers offer mainstream Islamic mortgages open to standard UK-resident applications: Gatehouse Bank, Offa, StrideUp. We checked all 13 propositions against the providers' own published pages on . The other 10 serve different customers, run on structures that are not regulated Home Purchase Plans, or had no verifiable new-business route. This Islamic mortgage comparison covers halal mortgage providers in the UK market, including Islamic home finance providers and Home Purchase Plan providers who serve narrower customer groups.
We use Islamic mortgage and halal mortgage as the common consumer terms for Sharia compliant home finance. Most mainstream products in this comparison are regulated Home Purchase Plans; specialist propositions can use other structures, including commodity murabaha.
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CHECKED · 06 AUG 2026
Mainstream Islamic mortgage providers
These 3 providers accept standard UK-resident owner-occupier applications and publish enough to compare halal mortgages like for like. Our benchmark keeps one borrower and one product shape: a UK resident buying with a 20% deposit on a two-year fixed rate. On that basis, published rates run from 5.58% to 5.80%, about £27 a month apart on £200,000 over 25 years. For this borrower the deposit tier moves the payment more than the choice of provider: the same two providers' two-year products at 95% finance-to-value start at 6.68%, about £135 a month higher on the same £200,000. A smaller deposit also means financing more, so a real move from 20% to 5% down costs more again than this rate gap alone.
The cheapest figure in that range is conditional: EPC A or B required. The same borrower without it faces 5.68% as the next-lowest published row at this tier, subject to its own finance limits. The 95% figure quoted above is conditional too: EPC A or B required · purchase only. A benchmark makes rates comparable. It does not make them available to you, so every row below carries the conditions attached to the product being priced.
We deliberately do not quote a wider spread. Rates for British expats and international applicants sit higher, and setting them against a UK resident's rate would compare two products the same person cannot choose between. The lowest deposit any mainstream provider publishes is 5%, and that figure carries conditions set out in each row below.
Ordered by the lowest published two-year fixed rate at 80% finance-to-value for a standard UK-resident purchase. This does not mean every applicant at 80% will qualify: income, age, employment, credit history and the property all affect an application. A provider whose rate we could not verify sits last, and its position is not a judgement about the provider.
| Provider | Rate at 80% finance-to-value, 2-year fix | Fee on that product | Deposit from | Finance from | Structure | Status |
|---|---|---|---|---|---|---|
| Gatehouse Bank Property: England and Wales FRN 475346, as published by the provider. We have not yet confirmed it against the FCA Register. | 5.58% EPC A or B required Lowest initial rate anywhere in its current range: 5.53%, a 5-year fixed product at 65% finance-to-value, which differs from the benchmark by more than the deposit tier. Rate card effective 6 August 2026; still on the provider's live page when we checked 6 August 2026. | £648 £499 product fee plus £149 application fee | 5% on its 95% finance-to-value products, priced separately from the benchmark rate. The top tier applies to UK residents, house properties, purchase only, finance up to £600k; lower ceilings apply in other cases, down to 70% finance-to-value. | £75,000 to £5m standard; up to £10m referral | Acquisition & Rent HPP 5 to 40 years | OPEN 06 AUG 2026 |
| WHAT WE CHECKED 3 source documents on 6 August 2026: Current HPP products for intermediaries; Personal Home Finance overview; Our Shariah Approach. We hold 32 rate records for this provider. WHAT THE HEADLINE MISSES The maximum finance-to-value is not one number. The provider publishes no single universal maximum: its ceiling varies by transaction, residency and case, with published tiers from 70% to 95% finance-to-value, each with its own conditions. WHAT WE COULD NOT VERIFY
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| Offa Property: England and Wales FRN 1000573, as published by the provider. We have not yet confirmed it against the FCA Register. | 5.80% Lowest initial rate anywhere in its current range: 5.50%, a discounted variable product at 65% finance-to-value, which differs from the benchmark by more than the deposit tier. Rate card effective 14 April 2026; still on the provider's live page when we checked 6 August 2026. | £648 £499 product fee plus £149 application fee | 5% on its 95% finance-to-value products, priced separately from the benchmark rate. The top tier applies to UK residents; lower ceilings apply in other cases, down to 80% finance-to-value. | £60,000 to £1.5m; new build max £1m | Diminishing Musharakah + Ijarah 7 to 40 years | OPEN 06 AUG 2026 |
| WHAT WE CHECKED 4 source documents on 6 August 2026: Current HPP products; HPP rate card 2026; HPP tariff of charges. We hold 10 rate records for this provider. WHAT THE HEADLINE MISSES The maximum finance-to-value is not one number. The provider publishes no single universal maximum: its ceiling varies by transaction, residency and case, with published tiers from 80% to 95% finance-to-value, each with its own conditions. WHAT WE COULD NOT VERIFY
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| StrideUp Property: England FRN 785299, as published by the provider. We have not yet confirmed it against the FCA Register. | NOT INDEPENDENTLY VERIFIED The provider's live rates page returned 0% to our automated reader on 6 August 2026. We treat that as a display artefact, not a rate, and a manual check is outstanding. | Fee published, but we cannot attach it to a verified rate | 10% or 15% sources differ 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. | £50,000 to Up to £1.5m published, tiered by finance-to-value on the intermediary channel | Diminishing Musharakah + Ijarah 5 to 40 years | OPEN 07 AUG 2026 |
| WHAT WE CHECKED 4 source documents on 7 August 2026: StrideUp rates and calculator; StrideUp Home Purchase Plan eligibility, consumer channel; StrideUp HPP Criteria Guide, intermediary channel. We hold 2 rate records for this provider. WHAT THE HEADLINE MISSES The maximum finance-to-value is not one number. The provider publishes no single universal maximum: its ceiling varies by transaction, residency and case, with published tiers from 80% to 90% finance-to-value, each with its own conditions. The consumer eligibility page states 90% maximum finance-to-value for houses and flats. The intermediary criteria state 85% at the relevant finance band. We have not established whether this is a difference in policy by application route or inconsistent public documentation, so both figures are held and neither is treated as governing. WHAT WE COULD NOT VERIFY
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No provider in this section matches every filter. Clear a filter to see the rest.
What this means for you
Do not choose on the headline rate alone. Within the benchmark tier, the provider gap is about £27 a month on £200,000; moving from an 80% to a 95% finance-to-value product adds about £135 a month with the same providers. Your deposit tier moved the modelled payment far more than the choice of provider in this benchmark, and a product fee difference of several hundred pounds can reverse a small rate gap inside a two-year fixed period.
Three things can overturn a rate-only comparison. Whether you clear the provider's deposit tier for your property type, because the advertised maximum finance-to-value usually applies to houses rather than flats or new builds. Whether the fee is proportionate to the finance you need, since a flat fee costs a small borrower more. And what the follow-on rate does when the initial period ends, which is where the published comparison stops and the real cost continues.
We publish the measurable differences. Whether a product suits your circumstances is a judgement for an FCA-authorised adviser, and nothing here is a recommendation.
Specialist and international propositions
These 4 propositions sit outside the mainstream comparison because their access, customer or product scope differs materially, which is not the same as none of them serving a UK resident. Two require a connection to the Gulf states, one is private banking with a qualifying balance. We list them for completeness and never rank them against the mainstream table, because they are not available to the same applicant.
| Provider | Who it is for | Published pricing | Status |
|---|---|---|---|
| Kuwait Finance House PLC FRN 131818, as published | UK and non-UK residents | 5.50% 12 products recorded | RESTRICTED SCOPE 06 AUG 2026 |
| Al Rayan Bank Premier Home Finance FRN 229148, as published | Qatar, Saudi Arabia, Kuwait, Bahrain and Oman applicants | Priced per client. No public rate card exists to cite. | RESTRICTED SCOPE 06 AUG 2026 |
| Nomo by BLME FRN 464292, as published | Residents of Bahrain, KSA, Kuwait, Qatar, UAE and Oman; not UK residents | 5.25% refinance only10 products recorded | RESTRICTED SCOPE 06 AUG 2026 |
| QIB (UK) plc FRN 466577, as published | Private-banking/HNW clients | £1m qualifying relationship balance. | PRIVATE BANKING 06 AUG 2026 |
Alternatives that are not Home Purchase Plans
These 2 propositions are sometimes listed alongside Islamic mortgages. They are structured differently and at least one is not a regulated home finance product, which changes what protection you have if something goes wrong. Read the caution on each row before you compare them on price.
| Proposition | What it actually is | Status |
|---|---|---|
| Wayhome Deposit Bridge FRN Not applicable, as published | A five-year occupancy arrangement with an option to buy, not a co-ownership plan. Wayhome states the home is owned by one of its funding partners for the term and that customers "don’t own it or build equity during this time". A 1% purchase option fee is paid up front; at the end of five years the customer may buy at a 10% discount, or decline and receive up to 7% towards relocation. Wayhome’s published regulatory information says insurance arranging is the regulated activity within its group and that other aspects of the business fall outside financial services regulation. That statement describes protections in terms of an interest in an LLP, which is the structure of its former product, so we have not carried its Ombudsman and compensation-scheme wording across to Deposit Bridge. What that means for a Deposit Bridge customer specifically is an open question we have raised rather than answered. | CHECK SCOPE 11 AUG 2026 |
| Pfida OwnTogether FRN Not applicable, as published | A co-ownership arrangement, OwnTogether, in which the customer acquires equity over time and can accrue more by meeting a monthly target. Closer in shape to a diminishing partnership than the Wayhome arrangement, but Pfida states plainly that "none of Pfida’s products are FCA regulated" and that customers are "not covered by the Financial Ombudsman Service or the Financial Services Compensation Scheme". Currently a waiting list rather than an open application route. | WAITING LIST 11 AUG 2026 |
What we excluded, and why
4 names that appear on other lists are not in the comparison above. Publishing the exclusions matters as much as publishing the table, because a list that quietly drops a provider looks identical to a list that never checked.
- Al Rayan Bank standard retail HPP
- We could not verify a current new-business route for standard UK retail Home Purchase Plan applications. The former product page returns a 404 and we found no replacement. Checked .
- Nester
- We found no current owner-occupier Islamic home finance proposition. Nester operates as a property investment and finance platform. Checked .
- UBL UK / historical United National Bank
- The most recent evidence we found was a 2016 annual report, which is not evidence of a live 2026 product. Checked .
- Abu Dhabi Islamic Bank
- We found UK corporate property finance activity, but no public UK retail Islamic home finance proposition. Checked .
What we could not verify
22 questions across the register are unresolved, and the 8 most relevant to this comparison are shown here rather than all of them. We publish the conflict or the missing information rather than filling the gap with an estimate.
Every open question in the register, by provider
Where we contact a provider for clarification we record when we asked and whether they replied. A non-reply is published as a non-reply. See the full record and our own corrections
Common questions about comparing Islamic mortgages
- Which UK banks offer Islamic mortgages?
- Our register tracks 13 propositions. 3 accept standard UK-resident owner-occupier applications and publish enough for a like-for-like comparison: Gatehouse Bank, Offa, StrideUp. The rest are specialist, international, private-banking, legacy or not currently relevant to a UK residential buyer, and are listed separately with the reason rather than dropped.
- Which Islamic mortgage provider is best?
- We do not answer that, and a comparison site that does is usually answering a different question than the one you asked. Best depends on your deposit, your finance amount, your residency, your property, and buying against refinancing, and the cheapest published rate frequently carries a condition that excludes the person reading it. What we publish instead is every figure with the document it came from and the date we read it, so the comparison is one you can check rather than one you have to trust.
- How do you compare Islamic mortgage rates fairly?
- We hold one borrower and one product shape fixed: a UK resident buying with a 20% deposit on a two-year fixed rate. Comparing across deposit tiers, customer types or fixed periods produces a number that is arithmetically correct and practically meaningless, because no single person could choose between the products being set against each other. Any condition attached to the winning product is printed with it.
- Are Islamic mortgage rates higher than normal mortgage rates?
- At the tiers we can benchmark against the Bank of England series, the published Islamic rates we hold sit above the conventional equivalent. The size of the gap depends heavily on the deposit tier, and several tiers have no conventional counterpart to compare against at all. We measured it separately rather than asserting it.
- Do you get paid by the providers listed here?
- No. Nobody pays us at present: no commercial partners, no referral arrangements, no advertising and no affiliate links. The order of the table is set by the benchmark rate, not by any commercial relationship, and there is no arrangement under which that could change without the how-we-make-money page changing first.
- How current are these Islamic mortgage rates?
- Every figure carries the date we checked it and the date the provider's rate card became effective, which are different things and are kept apart. Rates are re-checked every 14 days and criteria every 60. Where we could not verify a rate we say so instead of omitting the provider, and 22 open research questions are published rather than hidden.
Tell us what the published data could not answer
Everything above comes from what providers publish. Whether a provider will actually take you depends on affordability, credit history and the property itself, and on criteria nobody prints. Tell us what you are stuck on and we will come back to you.
You have seen every provider we track and the conditions on each. The question the table cannot answer is which of them would actually take you.