UK-based Islamic challenger bank Nomo will be offering real estate investment advisory services in partnership with property consultancy Blueprint Company.
“Since the launch of Nomo Bank, our main goal has been to provide our customers with a new dimension of solutions, integrated services, and investment opportunities that are unique, competitive, and in line with the high quality service and flexibility provided by UK banks, and we managed to achieve that in a short period of time,” Abdullah Al-Tuwaijri, a board member of the Bank of London and the Middle East (BLME), said. BLME, part of Kuwait’s Boubyan Bank Group, is the bank behind Nomo.
According to Blueprint CEO Mishaal Al-Melheim, the company will assist Nomo in providing tailored professional advice with regards to search or purchase of assets in the UK in addition to advice on tax, financing, legal, interior design, furnishing and leasing the property.
Abdullah also revealed that Nomo will be forming several other partnerships in the “coming period” to strengthen its digital services.
Since its launch in 2021, Nomo has been aggressively expanding its product suite as well as forming collaborations, both domestic and international. Earlier in May it partnered with Paymentology to leverage on the latter’s cloud-based technology to support its payment services, shortly after partnering with Abu Dhabi Commercial Bank and Al Hilal Bank to introduce cross-border Shariah compliant digital banking services in the UAE.