Construction

UK Islamic lender rolls out property advisory service

New service is in response to growing interest in prime London real estate

UK-based Islamic lender, Bank of London and The Middle East (BLME) has rolled out a service that offers private clients support and advice in buying property either as an investment or a residence.

The new service is in response to growing interest in prime London real estate, said BLME. “We and can advise clients on the best investment opportunities and help source property,” said Nigel Denison, head of treasury and wealth management at BLME.

To complement this service BLME funds property acquisitions and also has a property fund, the lender said.

BLME is one of the largest Islamic banks in Europe whose main shareholders are Kuwait’s Boubyan Bank and the Kuwaiti Public Institution for Social Security.

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