ISLAMIC Bank of Britain plc is extending its presence in West Yorkshire with the appointment of Sohaib Hamid as business development manager.
Mr Hamid (pictured) will be based at the Dewsbury branch of estate agency Reeds Rains and will provide expertise to local people wishing to find out more about Islamic banking. His remit is to reach out to customers across West Yorkshire, which is home to one of the UK’s largest Muslim communities.
Mr Hamid said: “The local community of West Yorkshire is an important one for the growth of IBB. My appointment marks the start of the bank being more involved in local community life and helping people to incorporate Islamic finance into their daily personal and business activities.”
He will be available to assist customers who wish to take out Sharia compliant home finance, open Halal savings accounts or discuss how they can incorporate Islamic banking into their lives.
IBB is the UK’s only wholly Sharia-compliant retail bank and is regulated by the Financial Services Authority. It has the largest range of Sharia compliant retail financial products in the UK, including a range of savings accounts, home purchase plans, and – in conjunction with its partners – pensions and investments. It does not deal in interest and nor does it invest in activities such as gambling, tobacco and alcohol.
