Back to How the service works and key information

What are Sharia-compliant savings?

Some savings products are Sharia-compliant and follow Islamic principles. Instead of interest, deposits may generate an Expected Profit Rate (EPR). EPR is treated as interest for tax purposes but is not guaranteed. UK regulated Sharia-compliant savings are protected by the FSCS.

If you need more information or have any further questions, please speak to our friendly team on 0191 242 4866 and select option 5. Available 8.30am - 5.30pm weekdays.