The UK shows promise in one area just as it sabotages itself in another. The latest: the Minister of State in the Department for Business and Trade, Lord Johnson “will lead a series of roundtables with the world’s leading Islamic banks to map out a path for the UK achieving its goal of becoming a […]
Canada: Sharia financing rapidly expanding with increasing Sharia-adherent population
Islamic finance is rapidly expanding in Canada. “Canada is home to an estimated 1.5mn people following the Islamic faith, or around 4% of the population, which makes Muslims the second largest religion in the country, while it is also the fastest-growing. Most of them are immigrants.” And expect demand in Canada for Sharia finance to […]