Precept Finance

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5 reviews
94 Whitechapel Road, London London E1 1JQ
About Us

Precept Finance is an innovative Islamic finance brokerage firm founded on the unique blend of experience and backgrounds in Islamic and ethical banking, finance, property and commercial enterprise. We’ve created a centre of professional excellence to support Islamic Sharia-compliant finance requirements. Precept Finance Ltd 931966 is an appointed representative of Cityplus Network LTD which is authorised and regulated by the Financial Conduct Authority. FRN 787508. Any advice given will be provided by FCA  approved person. Please make borrowing decisions carefully, your home or property may be repossessed if you cannot keep up agreed repayments on any loan or mortgage secured on that property.  There will be a fee for mortgage advice. Our standard fee for home purchase plans is £1,499 and £1,999 for buy to let applications for providing advice and submitting your application. A fee of up to 1.5% of the finance amount may be charged depending on individual circumstances and case complexity. For example, the maximum charge for a standard £100,000 home purchase plan will be £1,500 . However, we will discuss and agree a fee with you prior to submitting any finance application.The FCA does not regulate all forms of bridging finance, buy to let and commercial mortgages.

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Communal Prayer Facility


Women’s Prayer Facility

Virtual Consultations

In-House Appointments

Home Appointments

4 Reviews


out of 5 stars

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Recent reviews

M. Anas Bin Tanveer



out of 5 stars

My case advisor was Maleesa. She was brilliant throughout the process, understood my details carefully, guided me at each step and was super quick! I found it very easy to reach her if I had any queries - she always picked the phone after 2/3 rings and replied to emails promptly. She has great connections with lenders and ensured that I got the best deal. I definitely would have struggled (especially being a first time buyer) if I went directly to the lender, there is no doubt. Above all, Maleesa was incredibly quick with processing the information, keeping me up to date everyday and getting me the mortgage offer before my anticipated date! If you are going for Islamic mortgage, I would highly recommend Precept Finance. They will make your life easy.

Al Jannah Academy



out of 5 stars

Amazing work done by Br Ashraf's team. Maleesa was looking after my case and dealt it efficiently.

Dr M. O. Faruque Sarker



out of 5 stars

Alhamdulillah I have received a great service from Precept team. They have a very trusted and well connected network you can rely upon. In each stages of my home purchase journey Precept team members helped me by providing up-to-date info and guidance. Leveraging their network connections was very helpful to speed up the process with the bank. To further improve their services, I'd recommend to automate the information collection process, for example, by replacing MS Excel forms with online forms which will remove some duplication of efforts. Overall, I am very happy with their services and would highly recommend to anyone wishing to buy a property with shariah compliance.

Miraj Khan



out of 5 stars

Had a really good experience with Precept Finance. Drawing down the islamic finance from Gatehouse could not be easier without their help. Special thanks goes to Mr. Abul, Mr. Shamim. Brother Abul was my first point contact. I did have some shortage that my own funding was not adequate for the deposit amount. So I had to show gift amount in application. However bank rejected the gift fund because they did not agree with the explanation of the money source. Brother Abul handled the situation very smoothly. He was very fast in response and contacting the bank. The Precept Finance seems to have a very good connection with Gatehouse bank. After I put more amounts into my own savings the application was approved. Alhamdulillah, great relief! They played a very vital role even during the final draw down of the fund which was actually the responsibilty of the solicitor. The new house seller vendor was about to pull back the sell if the fund was not available by 30.06. So I had a very stressfull situation. But the precept finance kindly agreed to help at that moment and started to communicate with the bank to escalate the completion process. Finally bank released the fund after 3pm on 30.06. And we got the home purchase completed! Thank you very much for guiding and helping through the whole process. I highly recommend the service of Precept Finance.

Sabana Ali



out of 5 stars

Precept Finance were recommended to us by a family member and we are so pleased we used their services. Precept were nothing but professional but moreover polite and kind. They were great at communicating information and updates to us and did a far better job in comparison to our solicitor. We really felt they went above and beyond. They made a stressful situation of purchasing a house seamless and we would use them again if we needed to. Thank you Precept Finance.
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