Tag: UK central bank

Capital and Risk, Liquidity, Retail Banking

UK central bank unveils Islamic finance liquidity alternative

December 3, 2020

Via: FinTech Futures

Sharia-compliant banking forbids users from earning or paying interest. This means Muslim customers in less densely populated Islamic regions, like the UK, have historically struggled to find products which suit their financial needs. Fintechs have cropped up to bridge this […]