Over 75% of UK Muslims demand religiously-aligned financial products

76% of Muslims in the UK believe it is important to have financial products that align with their religious values, with 41% stating that it is extremely important, according to a study conducted by Pegasus Insight for StrideUp.

The research also revealed that 82% of UK Muslims feel that Islamic Finance is in line with their beliefs, and 65% of Muslim conventional mortgage holders expressed a preference for Islamic Finance products when seeking property finance in the future.

StrideUp is a new provider that caters to the needs of Muslims who adhere to a faith that prohibits them from paying or receiving interest. Their innovative home purchase plan (HPP) product enables these individuals to become homeowners without compromising their values