A SEMINAR for those interested in buying a home using Sharia compliant finance will be held this week.

The event, which is being hosted by Bradford-based LCF Residential and Al Rayan Bank, will be held on Thursday.

LCF has been advising on Sharia compliant finance for more than six years and now handles hundreds of home sales and purchases every year.

Liz Webster, of LCF Residential, said: “In recent years Sharia compliant finance has seen huge growth in the UK and has become much more mainstream. Unlike conventional mortgages, Islamic banks operate without interest and a key point is that the money itself has no intrinsic value. This prevents Muslims benefitting from lending or receiving money through the payment of interest, known as Riba."

The seminar will take place from 4pm at LCF Residential's Bradford Office at One St James Business Park, New Augustus Street. To register, call 01274 386 581 or email igreenwood@lcf.co.uk