Halal Savings Calculator
Plan a savings goal or project your money at today's top expected profit rates from FCA-regulated UK Islamic banks. No interest involved.
FSCS protected up to £120,000 · Rates checked 28 August 2026
What are you saving for?
Set the target. We work out the monthly number, and how much of it the account earns for you.
Rough UK averages, per person: Umrah and Hajj from typical UK package prices, wedding from Hitched's 2026 survey, deposit from first-time buyer averages. Set your own number above.
When do you need access?
Using the top Shariah-compliant 1 year fixed rate we found on 28 Aug 2026: 4.83% expected profit (AER). Indicative and can change.
That is £53 a week, or about £8 a day. Target: August 2029.
| If you finish | Per month | Per week |
|---|---|---|
| August 2027 | £730 | £168 |
| August 2028 | £354 | £82 |
| August 2029 (your target) | £229 | £53 |
| August 2030 | £166 | £38 |
| August 2031 | £129 | £30 |
Referral link. We may earn a fee if you open an account, at no cost to you. It keeps this tool free.
Projections use the expected profit rate shown, compounded monthly. Expected profit rates are indicative, not fixed promises, and can change. Inflation: CPI 2.9%, ONS, July 2026. This tool is education, not financial advice.
Today's top halal savings rates
The best expected profit rates from FCA-regulated UK Islamic banks. Checked 28 August 2026.
| Account type | Top expected profit rate | Provider | |
|---|---|---|---|
| Easy access | 3.90% AER | QIB UK via Raisin | See account → |
| 1 year fixed | 4.83% AER | Al Rayan Bank via RaisinAlso: QIB UK · KFH | See account → |
| 2 year fixed | 4.60% AER | Al Rayan Bank via RaisinAlso: QIB UK | See account → |
All accounts shown are Shariah-compliant, FCA regulated and FSCS protected up to £120,000 per person, per bank. Rates are expected profit rates, reviewed manually and dated. Referral links.
Want the full breakdown of every provider? Read our halal savings accounts comparison.
Where does halal profit come from?
No interest is paid or received at any point. Here is how UK Islamic banks make your money work.
Your deposit is put to work
The bank places your money into Shariah-compliant activities such as ethical trade and property, never into lending at interest.
Profit is shared with you
You receive an expected profit rate instead of interest. UK Islamic banks have historically met their published expected rates, but they are not fixed promises.
Your money is covered
Deposits with FCA-regulated Islamic banks are FSCS protected up to £120,000 per person, per bank. The same protection every high street bank has.
Savings sorted? Investing is the next step.
Savings protect your money. Investing is how it grows over years, and it can be done completely halal. Start with our plain-English guide.
Read the halal investing guideWant a plan for your exact situation?
One focused hour on your accounts, your goals and your options. Leave with a clear 12-month roadmap. No products sold.
Book a 1-to-1 Call →Common questions
Ziyad Finance provides educational information and is not a financial adviser. Figures produced by this calculator are projections based on the stated assumptions and are not a promise of future returns. Expected profit rates are set by the banks, are indicative and can change. Rates and limits last reviewed 28 August 2026. Tax treatment depends on individual circumstances and may change. If you open an account through links on this page we may receive a referral fee at no cost to you.