Gatehouse Bank has been named the “Best Shariah-Compliant Home Finance Bank UK” in the Capital Finance International (CFI) awards 2018, beating strong competition from across the sector.
The CFI awards honour organisations across all areas of finance that contribute to global economic progress.
The judges recognised Gatehouse Bank “as an outstanding and dedicated player in the Islamic finance sphere and one that delivers substantial returns to its stakeholders”.
CFI looked at the full range of the Bank’s activities, including the UK’s private rental sector. The Bank’s Build to Rent schemes have provided capital for thousands of new homes across the country and this work has been praised by the government as a model for how foreign investment can help to alleviate the housing crisis.
Charles Haresnape CEO of Gatehouse Bank, said: "This has been a milestone year for Gatehouse as we are celebrating our 10th anniversary. We live and breathe property finance of various kinds so it's wonderful for the Bank and the team to have their hard work in the sector recognised in this way."