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Bank of London and the Middle East

Type Fixed
Rate 2.05%
Currency GBP

The rate indicated is the profit AER rate (before tax) for 'Premier Deposit Accounts' PDA for a 1 year term for �100,000 + and profit is not guarenteed. Please note that BLME does not guarantee the profit rate on the accounts as it is a Sharia�a compliant bank but does aim to reach the profit indicated and it only invests the customers deposits in Sharia'a compliant activities. This account can also be opened in US Dollars and Euros. Profit is paid at the net rate which is after basic rate of tax and calculated daily and paid at maturity. It is covered by the the UK's deposit protection scheme (FSCS) up to a specific amount. Please visit the FSCS for more details for deposit protection.


The rate of 2.05% is 0.95% higher than the average 1.1%. Also it is the highest rate for this term period 2.05 Updated Jul, 2018

on Bank of London and the Middle East's secure website

The rate indicated is the profit AER rate (before tax) for 'Premier Deposit Accounts' PDA for a 1 year term for �100,000 + and profit is not guarenteed. Please note that BLME does not guarantee the profit rate on the accounts as it is a Sharia�a compliant bank but does aim to reach the profit indicated and it only invests the customers deposits in Sharia'a compliant activities. This account can also be opened in US Dollars and Euros. Profit is paid at the net rate which is after basic rate of tax and calculated daily and paid at maturity. It is covered by the the UK's deposit protection scheme (FSCS) up to a specific amount. Please visit the FSCS for more details for deposit protection.


The rate of 2.05% is 0.95% higher than the average 1.1%. Also it is the highest rate for this term period 2.05 Updated Jul, 2018

on Bank of London and the Middle East's secure website

Type Fixed
Rate 2.05%
Currency GBP

Compare Bank of London and the Middle East Deposit rates

Account Name Rate
BLME Islamic 5 Year Deposit 2.650%
BLME Islamic 4 Year Deposit 2.45%
BLME Islamic 3 Year Deposit 2.35%

Compare 1 year rates in United Kingdom

Account Name Rate
Hodge Bank 1 Year Fixed Rate Account Bond 1.55%
Tesco Bank 1 Year Term Deposit 1.46%
Sainsbury Bank 1 Year Fixed Rate Bond 1.38%

Bank Of London And The Middle East Discussion

  • Q: Is you 1 year BLME deposit account still available - if yes what is the current expected interest rate and how does one apply?

    Reply Frank from Reading, United Kingdom