Religious Views

Religious Views on Loans

We have customers from a wide range of ethnicities where charging or paying interest may be forbidden or require certain lending terms:


Islamic banking, Islamic finance or sharia-compliant finance is banking or financing activity that complies with sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes of Islamic banking and finance include Mudarabah (Profit and loss sharing), Wadiah (safekeeping), Musharaka (joint venture), Murabahah (cost plus), and Ijar (leasing).

Sharia prohibits riba, or usury, defined as interest paid on all loans of money. If required, guidance should be sought from your local religious advisor.


This loan has been given in line with the “Heter Iska” in the possession of Evergreen Finance London Limited. If this applies to you or your faith, then upon signing your loan agreement, you accept the terms outlined in the linked Heter 'Iska document. This document does not affect your requirements under your loan agreement.


More information regarding the Christian perspective can be found here .


More information regarding the Hindu perspective can be found here.