UK top for Islamic finance in the West

Ukinvest.gov.uk:The UK's Islamic finance sector is maintaining its position as a world leader, new research shows.

According to International Financial Services London (IFSL), the City has strengthened its position as a global hub for the industry over the past year and granted licences for new organisations to begin operating.

In its Islamic Finance report, the organisation notes that the sector has key bases in countries such as Saudi Arabia, the United Arab Emirates and Bahrain, with the UK ranked in eighth place - making it the leading Western nation...Continue Reading