The recently released report by the British government on the Muslim Brotherhood indicates that, not only is the Muslim Brotherhood tied to terrorism, but so are Islamic charities in the UK. This makes it all the more confounding that policymakers in the UK have decided not to shut down the Muslim Brotherhood’s operations there… Muslim […]
Police have made eight arrests as part of an investigation into whether funds donated to help people in Syria is being stolen and used to finance terrorism. The money, which came from four UK-based charities, was taken by police who believed it could be used for criminal or terrorist activities instead of paying for food […]
Britain Moves Closer to First Western Issue of Shariah Bond
The UK government is a little closer to its widely anticipated issue of a sovereign sukuk, or Islamic bond. Last October in London during the World Islamic Economic Forum, British prime minister David Cameron announced the UK’s intentions of becoming the first Western country to issue a sukuk. Since then, Luxembourg and Hong Kong have […]
The Infiltration of the British Financial System Continues
Elected officials in the UK have long expressed the desire for London to become a “mecca” of Shariah finance in the West (pun intended). They have bent over backwards to promote Shariah finance for years. Despite these efforts, statistics show that Shariah banks in the UK lag behind their conventional counterparts. Perhaps this is because […]
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