Research note ·
We checked 13 UK Islamic home finance propositions. Three are open to ordinary UK buyers.
Ask who offers Islamic mortgages in the UK and you will get a long list. Read each name's own published pages and the list collapses: residency scopes, minimum finance amounts, waiting lists and routes that cannot be verified remove most of it. This note publishes the collapse, name by name, as of 13 August 2026.
The answer
Of the 13 propositions on our register, 3 are regulated Home Purchase Plan providers an ordinary UK applicant can approach today: Gatehouse Bank, StrideUp and Offa. Of the rest, 4 are regulated but scoped to other customers, 2 are alternative arrangements that are not regulated Home Purchase Plans, 1 has no new-business route we could verify, and 3 have no verified UK retail proposition at all.
The working, name by name
Open to ordinary UK applicants (3)
- Gatehouse Bank Broadest publicly documented mainstream range; rates vary by residency and EPC/product. Checked 6 August 2026.
- StrideUp Rich published criteria, but its consumer and intermediary channels state different figures for age, property value and finance-to-value, and different levels of detail on finance limits. Checked 7 August 2026.
- Offa 5% deposit range is UK-resident only. Checked 6 August 2026.
Regulated, but not for most readers (4)
- Kuwait Finance House PLC is for UK and non-UK residents. Higher minimum finance and a lower finance-to-value ceiling than mainstream providers. Checked 6 August 2026.
- Al Rayan Bank Premier Home Finance is for Qatar, Saudi Arabia, Kuwait, Bahrain and Oman applicants. Checked 6 August 2026.
- Nomo by BLME is for Residents of Bahrain, KSA, Kuwait, Qatar, UAE and Oman; not UK residents. Checked 6 August 2026.
- QIB (UK) plc is for Private-banking/HNW clients. £1m qualifying relationship balance. Checked 6 August 2026.
The one most readers expect to see in the open list is Al Rayan. Its Premier route is published for Qatar, Saudi Arabia, Kuwait, Bahrain and Oman applicants, and its standard retail Home Purchase Plan sits below.
Alternative arrangements, not regulated Home Purchase Plans (2)
- Wayhome Deposit Bridge: Active. 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. Checked 11 August 2026.
- Pfida OwnTogether: Waiting list / constrained availability. 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. Checked 11 August 2026.
No route we could verify (4)
- Al Rayan Bank standard retail HPP: No current public new-business page verified. Checked 6 August 2026.
- Nester: Active business; no owner-occupier retail HPP verified. Checked 6 August 2026.
- UBL UK / historical United National Bank: No current public retail HPP verified. Checked 6 August 2026.
- Abu Dhabi Islamic Bank: No public UK retail HPP verified. Checked 6 August 2026.
"No route we could verify" is a statement about our verification, not about the firm. If a provider in this group publishes a current UK retail route, we will move it and record the change in the change log.
What we could not verify
The register currently carries 22 open questions against these providers, each with the attempt we made recorded against it. The ones that most affect this count: StrideUp's consumer and intermediary channels state different figures for age, property value and maximum finance-to-value (6 questions open), and Pfida's public availability is a waiting list whose intake we cannot observe (2 open). Every question, and every answer a provider gives us, lands on the register and in the change log.
What it means in practice
A like-for-like comparison of UK Islamic mortgages is a comparison of 3 providers, not 13. That is what the comparison prices, what the eligibility checker tests your situation against, and what the deposit optimiser walks tier by tier. The register's permanent state, including every scope and exclusion above, lives on the provider register and changes there first.