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.
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.
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.
German judges are increasingly referring or deferring to Islamic law because either the plaintiffs or the defendants are Muslim.
Spain has acceded to the demands of the Islamist government in Morocco by agreeing that Moroccan children adopted by Spanish families must remain culturally and religiously Muslim.
Muslim gangs have been filmed loitering on streets in London and demanding that passersby conform to Islamic Sharia law.
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.