Access Financial Services (Access FS) has partnered with Nomo Bank to offer customers access to Sharia compliant property finance for rental and residential property.
The products aim to address a gap in the market for Gulf Cooperation Council (GCC) based customers looking for holiday homes, buy-to-let properties and other residential opportunities.
There are very few options available to GCC based customers in search of property finance in the UK, especially those who want to adhere to Sharia law. Nomo’s financing means customers can buy a UK property using a product that does not require them to compromise on their beliefs.
Sean Gilchrist, CEO of Nomo, said: “We have partnered with Access FS as they are an exciting, fast-growing UK brokerage that closely aligns with our values.
“Access FS will help us bring Sharia-compliant financing to more customers, helping them to buy their residential or buy-to-let portfolio.”
Karl Wilkinson (pictured), CEO of Access FS, added: “We love the ethos behind Nomo, and are looking forward to being able to help our customers access Sharia compliant property finance solutions.
“Customers will be able to purchase a property in the UK without compromising on their principles.”
