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Pioneering new property development from Gatehouse Bank demonstrates potential for Islamic financing in the UK (Part 1)

London-based Shariah compliant investment bank Gatehouse Bank last year joined forces with Sigma Capital to develop the largest private rented sector development in the UK. Completed in early 2016, IFN managing editor Lauren McAughtry visited the pioneering new development in Salford, Manchester to speak with key players and discover what makes the new project so special. We speak to Abdulaziz Aiduweesh, chief investment officer at Gatehouse Bank; Gwynn Thompson, property investment director at Sigma Capital; and a representative from lettings agency SDL Property Group, on the background to the development and its reception in the UK market.

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