Compare Al Rayan Bank's savings accounts
Whether you're looking for instant access to your funds or are happy to lock your money away for years, Al Rayan Bank has a complete range of ethical, Sharia compliant savings accounts.
| Category | Expected profit rate (EPR) | EPR when re-invested | Initial deposit | Minimum balance | Minimum age | Regular deposits | Withdrawal restriction | Profit paid | |
| Everyday Saver (Issue 2) | Instant access | 1.00% Gross p.a | N/A | £500 | £500 | 16 | Any amount | No | Monthly |
| Young Person's Saving Account | Children's savings | 0.10% Gross p.a | N/A | £20 | £1 | None | Any amount | £100 per day for child once they reach 141 | Monthly |
| Young Person's Notice Account | Children's savings | 1.30% Gross p.a | N/A | £20 | £1 | None | Any amount | Up to account balance after notice period | Monthly |
| 60 Day Notice | Notice savings | 1.00% Gross p.a | N/A | £250 | £1 | 16 | Any amount | Up to account balance after notice period | Monthly |
| 90 Day Notice | Notice savings | 1.50% Gross p.a | N/A | £250 | £1 | 16 | Any amount | Up to account balance after notice period | Monthly |
| Instant Access Cash ISA | Instant Access | 1.35% Gross p.a | N/A | £50^^ | £1 | 16 | Any amount, up to ISA cash allowance. | Up to account balance | Monthly |
| 12 Month Fixed Term Cash ISA | 12 months fixed term | 1.30% Gross p.a |
1.60%^ Annual equivalent | £1,000^^ | £1,0002 | 16 | Any amount, up to ISA cash allowance for 30 days from the date the account is opened | No withdrawals during fixed term. Up to account balance after term ends | Paid quarterly or on maturity |
| 24 Month Fixed Term Cash ISA | 24 months fixed term | 1.50% Gross p.a | 1.80%^ Annual equivalent | £1,000^^ | £1,0002 | 16 | Any amount, up to ISA cash allowance for 30 days from the date the account is opened | No withdrawals during fixed term. Up to account balance after term ends | Paid quarterly or on maturity |
| 12 Month Fixed Term Deposit | 12 months fixed term | 1.30% Gross p.a | 1.71%^ Annual equivalent | £1,000 | £1,0002 | 16 | N/A | No withdrawals during fixed term. Up to account balance after term ends | Paid quarterly or on maturity |
| 18 Month Fixed Term Deposit | 18 months fixed term | 1.40% Gross p.a | 1.81%^ Annual equivalent | £1,000 | £1,0002 | 16 | N/A | No withdrawals during fixed term. Up to account balance after term ends | Paid quarterly or on maturity |
| 24 Month Fixed Term Deposit | 24 months fixed term | 1.50% Gross p.a |
1.91%^ Annual equivalent |
£1,000 | £1,0002 | 16 | N/A | No withdrawals during fixed term. Up to account balance after term ends | Paid quarterly or on maturity |
| 36 Month Fixed Term Deposit | 36 months fixed term | 1.60% Gross p.a |
2.02%^ Annual equivalent |
£1,000 | £1,0002 | 16 | N/A | No withdrawals during fixed term. Up to account balance after term ends | Paid quarterly or on maturity |
| Wakala | Investment | Negotiable | N/A | £50,000 | £50,0002 | 16 | N/A | No withdrawals during fixed term. Up to account balance after term ends | On maturity |
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1Subject to Young Person’s Savings Account special conditions
2Cannot withdraw or add to the initial deposit
^Where profit is reinvested and paid on maturity
^^Subscribe up to £20,000 in the current tax year