What relationship does Nomo have to Boubyan Bank?
Boubyan Bank is our parent bank. Nomo is a business which is part of BLME (Bank of London and the Middle East). BLME is a subsidiary of Boubyan Group.
What regulations do BLME and Nomo follow in the UK?
BLME is a fully regulated UK bank. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Nomo is a trading name of BLME and operates under BLME’s banking licence.
Funds held in Nomo are covered by the FSCS protection scheme under BLME. BLME and Nomo are also governed by the Financial Ombudsman Service for an impartial complaints resolution service.
BLME appears on the FCA Register under firm reference number 464292. Bank of London and The Middle East plc is a company registered in England & Wales. Its registered company number is 05897786. The registered office address is Cannon Place, 78 Cannon Street, London, EC4N 6HL.
Does Nomo have branches in the UK or in other regions of the world?
Nomo is a fully digital bank, which means no branches, no queues, and no fuss! Everything from account opening to account management to spending is all done digitally, giving you Islamic banking at your fingertips!
All our services can be accessed through your phone, 24/7 and wherever you go.
I am a BLME customer, do I automatically get a Nomo account?
No, you need to apply for a Nomo account. It’s simple – download the Nomo app from the App Store to get started.
What makes Nomo special?
Nomo is the first fully digital international Islamic bank. You can spend, send and invest your money 24/7, whether you’re at home or on the go.
We’re based in the UK, meaning we offer unique UK investment opportunities and banking security, all from the smartphone in your pocket.
Islamic banking has never been so simple and secure!