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@christian_testimonies You are correct with fscs but there is similar uk banking regulations where a bank is obliged to return the initial deposit of a cash saving account. So in the rare situation where the profit rate is negative you are still entitled to the full initial deposit however this...

@sbmor777 1 additional point, the downside risk must be shared for the savings account to be shariah compliant (in most cases). Shariah compliant accounts in UK mention in their terms and conditions that in the event of a loss you have the option to waive the FSCS £85k protection (and thereby...

@snowballsfriend Open an aj bell s&s LISA. Don't invest your money, just keep it as a cash balance. Message aj bell via secure message that you want to waiver any interest payments to your account. Job done. Edit: I believe a similar approach can be taken with Hargreaves lansdown but not tried...