Islamic Finance

UK digital challenger bank Rizq eyeing summer launch


LONDON - Rizq, a UK-based Islamic digital challenger bank is preparing for its launch this summer, Akmal Saleem, the fintech’s co-founder and CEO, told Salaam Gateway.

“We are building Rizq from a different angle,” said Saleem. “We are positioning Rizq from the Muslim lifestyle perspective. We want to solve mainstream banking issues for Muslims in the West, which is in line with their lifestyle." 

Muslims in the UK still use interest-based or conventional current accounts because they do not see a true alternative, according to Saleem.

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tags:

Digital banking