Savings & Budget
Before you invest, you need a foundation. Emergency fund first. Budget second. Then your money works for you.
Fill in your monthly essentials to see your target.
Fill in your monthly essentials in Step 1 to see your saving timeline.
Keep your emergency fund in a halal easy-access savings account, not invested. It needs to be there when you need it.
Al Rayan Bank: Easy Access
Check current expected profit rate at alrayan.co.uk
Gatehouse Bank: Easy Access
Check current expected profit rate at gatehousebank.co.uk
BLME: 95-Day Notice Account
Typically a higher rate, but you can't access it instantly
All three are FSCS protected up to £85,000.
Already got your emergency fund sorted?
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