UK: Sharia-Compliant Student Loans?
The British government has launched a public consultation on whether or not to introduce student loans that are compliant with Islamic Sharia law, which forbids loans that involve the payment of interest.
Islamic Finance
Britain: “A World Capital for Islamic Finance”
The London Stock Exchange will be launching a new Islamic bond index in an effort to establish the City of London as one of the world’s leading centers of Islamic finance.
Britain Creating Parallel Islamic Financial System
A British firm has launched a Sharia-compliant pension fund that will enable Muslims to save for retirement in compliance with Islamic principles, and the British government will begin offering Muslim workers Sharia-compliant pensions as of 2012.
