ISAs and savings accounts offer a Sharia-compliant way of keeping all your savings Halal. They let you profit fully from your savings, in a tax-efficient manner, whilst remaining true to your faith and Islamic teachings.
This is a government-approved tax-free investment where you can pay in up to £15,000 per year, offering you a profit rate that is dependent on the stock markets. Unlike traditional ISAs, the Islamic stocks and shares ISA is only ever invested across Sharia-compliant funds, and we would always recommend an ISA as a primary savings option, purely because it’s so tax-efficient.
For expert help and guidance on personal wealth management, please just call us on 01706 875 459 and we’ll take you through all your options.