HSBC Bank has Amanah Finance which is reported to be suitable borrowing for Muslims. HSBC Bank has a special mortgage which is available through their Amanah Finance system and suitable for Muslims who want to buy a home but avoid the interest payments. But, check out the other banks and financial Institutions too as they may also have this form of mortgage.

Banks in Britain are safe places to keep personal money.

It is safer to leave money in the Bank than to keep it in the home. Wages or Benefits are paid straight into a person’s bank account and this can make life easier when making payments and for keeping money safe. It is very easy to withdraw money when it is needed either by going to the bank or using one of the many cash dispensers.

The Banking system in Britain is very trustworthy and has very helpful staff. If a person needs to pay rent and bills for electricity, gas, water, telephone and others this can be done without having to go to the Bank. The people who work at the Bank will help to set up a bank account and any other facilities required such as theones mentioned.

Paying for things directly from the Bank account is called “paying by direct debit” and many people pay in this way. A statement showing the balance of the account are sent from the Bank each month showing all of the payments into the account (credits) and all withdrawals (debits) including those payments which are made by direct debit.

It is easy to keep a check on bank accounts every day by using the cash machines at the Bank. This way you can ensure that the account holder does not spend more money than has been put into the bank account.

If more money is spent than has been put into the account a small amount of interest will be charged.

Each bank charges different interest rates and customers will be told this information when they open theaccount.

To open a bank account some proof of identity is necessary. The bank staff will take photocopies of documents and return them to the applicant immediately. Any of the following items are acceptable to most banks. Do not leave them at the bank.

• Home office ID card
• Home office Travel document
• Home office letter granting permission to work
• Overseas drivers license with signature and photograph
• Uk Drivers license with signature and photograph (full license)

Banks can arrange to get foreign currency and travellers cheques for trips abroad. Banks can also arrange mortgages for people who want to buy a home of their own.