Take a look at our range of ISAs

ISA 650 X 300

Individual Savings Accounts (ISAs) are a tax efficient way to make the most of your money. If you haven’t used this tax year's ISA allowance yet, you have until 5 April 2018 to make the most of it.

Al Rayan Bank offers a range of ISAs to suit most customers needs.

Instant Access Cash ISA

Our Instant Access Cash ISA gives you access to your money whenever you need it whilst allowing you to generate a tax free return. You can deposit and withdraw funds online, through the post or at one of our branches. You can also transfer existing ISA balances into your Al Rayan Bank Instant Access Cash ISA.

There is a limit to the amount that you can pay into a cash ISA in any one tax year, and you can only open one new cash ISA in any single tax year.

Fixed Term Deposit Cash ISA

Our 12 and 24 Month Fixed Term Deposit Cash ISAs provide security by enabling you to make a tax free, lump-sum investment over a fixed period of time. A minimum deposit of £1,000 is required to open the 12 Month Fixed Term Deposit Cash ISA and 24 Month Fixed Term Deposit Cash ISA, profit will be paid to savers quarterly, or on maturity, and transfers-in are allowed for up to 30 days after the account has been opened.

Al Rayan Bank’s ISAs offers savers a Sharia compliant and ethical way to save, tax free. Operated under the Islamic finance principle of Wakala (an agency agreement for investment), the Bank works as your agent to achieve an expected (or target) profit rate.

Click here to find out more about Al Rayan Bank’s range of ISAs.

Current Al Rayan Bank ISA customers should check their terms & conditions before considering a transfer.



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