HSBC Closes Islamic Charity Account
HSBC seems to be turning over a new leaf…let’s hope they keep it up…
HSBC bank is to follow its competitors Barclays in closing the bank accounts of the Ummah Welfare Trust (UWT), a Muslim-run charity which has previously been accused, though cleared, of having links to terrorism. The non-profit, which describes itself as an “international relief and development charity”, has perviously given money to Interpal – an organisation designated by the US Treasury in 2003 as one of several groups providing “support” to Gaza-based terrorist outfit Hamas.
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