Green Energy
London precipitates sharia finance
Britain's government keeps up its efforts to turn London into a sharia finance central (via Intl. Business Times):
Britain is encouraging banks through a task force to establish sharia-compliant products, aiming to position London as a Western hub for a fast-growing Islamic finance sector that is expected to reach $2.6 trillion by 2017.
Aiming to build on London's status as a leading exporter of financial services, Britain hopes to step up the challenge to Islamic finance centres such as Dubai and Kuala Lumpur.
"We want to be the leading (Islamic) finance sector outside of the Muslim world," deputy mayor of London Edward Lister said in a press conference in Kuala Lumpur on Wednesday.
Islamic finance follows religious principles such as bans on interest and gambling, and is playing an increasingly prominent role internationally as often oil and gas-rich investors from Islamic countries put more of their money to work overseas.
That's the dhimmi British government alright. Always making sure to please their most untrustworthy buddies in business.
-
Willis Insurance Will Be A British Sharia Financier
News comes of a British company that's going to offer sharia finance services: One of the world's oldest insurance brokers, Willis Group Holdings, will offer sharia-compliant commercial real estate coverage in Britain for the first time, helping...
-
Uk: Treasury Rewriting Britain's Tax Laws To Accommodate Sharia Financ
Maybe if I play dead the Muslims will leave me alone. From Jihad Watch: "Sharia Law Sneaked Into Labour Budget," by Kirsty Buchanan for the Sunday Express, December 13: THE Treasury plans to rewrite Britain's tax rules to usher...
-
Gordon Brown Wants Uk To Be The International Financial Center For Sharia Products
After Dutch MP, Geert Wilders was declared "persona non grata" and deported from UK because his presence was threatening community harmony, I found that Times On Line published an article (which herroyalwhyness pointed out to me was written in March...
-
Uk Looks To Become A Global Provider Of Islamic Finance
From Mortgage Strategy: A government organisation is looking to educate financial institutions in a bid to help the UK become a global provider of Islamic finance. UK Trade & Investment, which incorporates the work of the Foreign & Commonwealth...
-
Gordon Brown Takes Next Step In Creation Of Britainistan
The socialist chancellor of the exchequer of Great Britain, Gordon Brown, has announced that he would like to make Britain "the gateway to Islamic finance and trade". Sort of like an Islamic Mos Eisley : London, 13 June (AKI) - Britain's finance...
Green Energy