BUSINESSMIDDLE EAST EYE
UK Islamic finance sector worth £6bn and drives Gulf investment, report says
The UK Islamic finance sector is valued at £6bn and facilitates significant Gulf investment in Britain, with a new report recommending the establishment of an Islamic Finance Unit to support its growth. The sector, which primarily serves Gulf-based clients and British Muslims, has driven investments in London landmarks like The Shard and Battersea Power Station, with 64% of British Muslims preferring Islamic finance over alternatives.
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