Foot Anstey | Update on the Bank of England’s Shari’ah compliant facility (SCF) project

The establishment of the Bank of England Alternative Liquidity Fund is a further positive step to level the playing for Islamic banks in the UK.  It helps to assert the UK’s position as the centre for Islamic Finance in the western hemisphere. With the looming uncertainty of Brexit, the Bank of England has taken an important step to strengthen the UK’s position as a leading international financial centre.

Click here to visit read this article in full

Author: The Muslim Wealth Portal

Navigating the UK towards Halal Finance