CoopHalal
CoopHalal is the first Islamic cooperative of financial services in Spain, that offers interest-free financing for individuals and companies, in line with the principles of Islamic law. The entity was founded by a group of multidisciplinary professionals ie. economists, lawyers, former bankers and national and international financial advisors, Muslims and non-Muslims. It aims to consolidate itself as a new financial alternative in the Spanish market, promoting ethical finance for the benefit of both people and the planet. People and companies’ savings, serve a double function: on one hand, it strengthens the community by creating the foundations for a more sustainable future, and supports a social and economic model that helps improve the situation of many vulnerable people and communities.
Details
Account Features
- Small Business Lending
- Investment Opportunities
Designations
-
Federation
of
Ethical
and
Alternative
Banks
(FEBEA)
FEBEA is the European Federation of Ethical and Alternative Banks and Financiers. It gathers more than 30 financial institutions across Europe committed to democratic governance, transparency and responsible lending. FEBEA aims at promoting Ethical Finance; Finance that works for all, factoring in both the social and environmental impacts of economic activities.
Bank Type
- Cooperative Bank
Rates and fees are variable and often change. For the most up to date information, visit the institution’s website.
