There is no greater cheerleader for Shariah and financial jihad in the Western world than the elected and appointed officials of the United Kingdom…
The Bank of England is studying ways to increase the number of sharia-compliant assets that Islamic financial institutions can use in their liquidity buffers, a step towards reducing concentration risks in the sector.
The move comes as part of a broader push to promote London as a top centre for Islamic finance, in the face of growing competition from other centers such as Dubai and Kuala Lumpur.
