Article

Islamic financing grows in strength in the UK

 

By Imam Qazi

The latest City Wealth Article reports on the promising expansion of Islamic Finance investment beyond the confines of London including an interesting analysis of the potential for a partnership between sukuk financing and renewable energy, for example through the offering of green sukuks, and importantly, the role of fintech in increasing the industry's reach.  

However, sharia-compliant investors are also looking beyond the typical real estate play. Imam Qazi says he sees untapped potential for the Islamic finance industry to fund renewable energy programs. “The potential synergy is the ethical and social focus,” he says.
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