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London’s deputy mayor on Islamic finance

London’s deputy mayor on Islamic finance

London, Asharq Al-Awsat—As the ninth World Islamic Economic Forum draws to a close in London, focus has turned to the long-term prospects and development plans for the British capital as a center for Islamic finance. London has long been a popular destination for...
London steps up Islamic finance ambitions

London steps up Islamic finance ambitions

Kuala Lumpur, Reuters—Britain is encouraging banks through a task force to establish shari’a-compliant products, aiming to position London as a Western hub for a fast-growing Islamic finance sector that is expected to reach USD 2.6 trillion by 2017. Aiming to...
World Islamic Economic Forum to be held in London

World Islamic Economic Forum to be held in London

London, Asharq Al-Awsat—London is set to become the first western city to host the annual World Economic Islamic Forum (WIEF), it was announced on Wednesday. The forum, set to be held in the city’s Excel Centre in October, was launched by the prime minister of...