Welcome to YourB
YourB Credit Union limited is the UK’s first sharia compliant Credit Union, set up to help the community to both save and borrow money avoiding all formed of riba (interest). YourB Credit Union offers savings facility and interest free loans to suit all needs. YourB model works by encouraging our members to save upfront. When a member wishes to take out an interest free loan, they continue to pay a similar level of instalments throughout the loan repayment. This spreads the cost of any loan over a number of years. As a cooperative, savings from our members will cover the the loans to our members. YourB loans can be offered to members for education, marriage, purchasing of goods and services or for any unexpected costs. All loans are subject to affordability checks and guarantor arrangements.
Why Join YourB
Ethical and Sharia compliant interest free savings and loans.
Your savings will invest in supporting loans for students and the local community.
An alternative to the Student Finance UK scheme.
By saving, your money helps other members who needs loans.
You can access your savings when you need them.
Credit unions in the UK are financially regulated by the Financial Conduct Authority and the Prudential Regulation.
YourB Credit Union Ltd is authorised by the Financial Conduct Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Firm Registration Number 833240)
Protecting Your Money: Your eligible deposits with YourB Credit Union Ltd are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit protection scheme. Further information at www.fscs.org.uk.