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Start shariah compliant mortgages through high street banks.

Submitted on Saturday 27th February 2021

Rejected on Friday 5th March 2021

Current status: Rejected

Rejection code: irrelevant (see below for details)

Petition Action

Start shariah compliant mortgages through high street banks.

Petition Details

Many Muslims can’t climb the housing ladder as banks offer interest based mortgages. In Islam paying/receiving interest is forbidden. People have to live with family or rent and find they’re living in poor conditions. Few Islamic banks offer this service but need a large deposit many can’t afford.

Additional Information

If high street banks offered shariah compliant mortgages, more Muslims would look to purchase a property to climb onto the housing ladder. This would solve the issues of people living in crowded or unsatisfactory conditions. Many are paying hundreds of pounds every month to rent. They could instead invest this money in their own home.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

We can't accept your petition because the UK Government and Parliament aren't responsible for the issue you raise. This would be a decision for individual banks to take.

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