Report Al Rayan Bank Cash Isa in Cash ISA's and Savings Accounts Posted January 13, 2016 Fellow HPC members. Just spotted the subject bank offering up a 'better than normal dismal rate' for new Cash ISA's. They state: AER expected profit rate:2.02% Gross expected profit rate:2.00% Account Available From:03/02/2015 Notice/Term:120 Day Account Type:Cash ISA Opening Restrictions: - Additional InformationThis bank operates under Islamic finance principles, the rates displayed represent the expected profit rate. From a quick google, the following information comes up about the bank: Al Rayan Bank plc is a commercial bank in the United Kingdom, established in August 2004 to offer Sharia compliant financial service products to customers of any faith. Formerly knows as Islamic Bank of Britain. Questions are, does this seem a good deal? Would you put your money there? What differences would be notable in banking under Sharia Law? I'm non-Muslim by the way.