The United Kingdom of Great Britain and Northern Ireland is the largest island state in Europe and has one of the strongest privatised economies in the world, evidenced by the fact that it has the third largest Gross Domestic Product in Europe. The national currency is the British Pound (GBP). The Financial Services Compensation Scheme (FSCS), an independent body created by the British government, protects money held in UK-regulated banks (up to £85,000 per person, per banking group) and pays compensation in the event that the institution fails.

United Kingdom

Kuwait Finance House (KFH) is considered a pioneer in the banking phenomenon known as Islamic Finance or Shari’a Compliant Banking. KFH is the first Islamic bank established in 1977 in the State of Kuwait and today it’s one of the foremost Islamic financial institutions in the world.

Today, its range of British banking services include Private Banking, Wealth Management, Residential Property Finance, Commercial Property Finance and Premium Banking services. Deposits made into savings accounts offered by Kuwait Finance House PLC through the platform are protected by the Financial Services Compensation Scheme (FSCS) up to £85,000 per person, per banking group.

Kuwait Finance House PLC

The FSCS is the United Kingdom’s statutory deposit guarantee scheme. If an FSCS-protected bank fails or is unable to meet its financial obligations, the FSCS can provide compensation for eligible customer deposits up to a limit of £85,000 per person, per bank. The FSCS’ £85,000 protection limit applies to all deposits held with a bank (including current and savings accounts), as well as any deposits held with intermediaries of the same bank (for example, where a bank operates multiple banks under different trading names). Read our dedicated FAQ page to learn more about the FSCS.

The Financial Services Compensation Scheme

Founded in 2004, AlRayan Bank is an inclusive Islamic bank which welcomes customers of all faiths and beliefs. As the oldest and largest Islamic bank in the UK, AlRayan Bank serves over 85,000 customers throughout the UK with Sharia-compliant and FSCS protected banking products.

Because AlRayan Bank is an ethical, Sharia-compliant bank, they adhere to Sharia banking principles, which you can read about on our Sharia banking page.

AlRayan Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

AlRayan Bank

Founded in 2011, Shawbrook is a purpose-led organisation, with a focus on delivering long-term sustainable value for stakeholders. We have a diversified offering, with our innovative lending propositions tailored to meet specific customer needs in carefully selected markets across SME, Real Estate and Personal. We fuel our lending through customer deposits, which we attract by delivering a premium experience, choice and consistently great value to smart savers. Shawbrook Bank Limited is an operating entity of Shawbrook Group plc. Shawbrook Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority and is a member of the Financial Services Compensation Scheme.

Shawbrook

At Vida Savings, we're passionate about helping our savers grow their financial wealth and achieve their savings goals by always striving to offer fair, transparent, and competitive rates. We're part of Vida Bank, a fully licensed bank, so you can rest assured that your savings are safe.

Vida Savings

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<ul><li>Save with competitive rates from over 40 FSCS-protected banks and building societies.</li><li>You can spread your savings across easy access, fixed rate bonds and notice accounts.</li><li>Manage your savings in one place with your free Raisin UK account.</li></ul>

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Raisin UK makes it easy to compare and open savings accounts from a range of FSCS-protected banks. Competitive interest rates and no fees.

Grow your savings

Save with competitive rates from over 40 FSCS-protected banks and building societies.
You can spread your savings across easy access, fixed rate bonds and notice accounts.
Manage your savings in one place with your free Raisin UK account.

AlRayan Bank

Kuwait Finance House PLC

Shawbrook

Vida Savings

All your savings in one account

Free and easy to set up

A diverse range of providers

Easy access savings accounts

Top up and withdraw money when it suits you with an easy access savings account.

Fixed rate bonds

Earn a fixed rate of interest across terms from 3 months to 5 years.

The highest level of security

Full deposit protection

Learn more about saving with Raisin UK

Switching savings accounts

Get £50 bonus

6 month fixed rate bonds

Manage your savings. Anywhere. Anytime.

Grow your savings

Save with competitive rates from over 40 FSCS-protected banks and building societies.You can spread your savings across easy access, fixed rate bonds and notice accounts.Manage your savings in one place with your free Raisin UK account.

All your savings in one account

Free and easy to set up

A diverse range of providers

Easy access savings accounts

Top up and withdraw money when it suits you with an easy access savings account.

Fixed rate bonds

Earn a fixed rate of interest across terms from 3 months to 5 years.

The highest level of security

Full deposit protection

Learn more about saving with Raisin UK

Switching savings accounts

Get £50 bonus

6 month fixed rate bonds

Manage your savings. Anywhere. Anytime.

Save with competitive rates from over 40 FSCS-protected banks and building societies.
You can spread your savings across easy access, fixed rate bonds and notice accounts.
Manage your savings in one place with your free Raisin UK account.