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Islamic Finance Briefing - Categorized | Banking, Performance more

Yorkshire: Islamic bank aims for tenfold rise in business

Posted on 25 January 2012

The Islamic Bank of Britain (IBB) could open more branches in Yorkshire as growing numbers of Muslims seek financial products that don’t offend their faith. The Birmingham-based IBB, which has opened its first Yorkshire branch, is also reporting strong demand for its services from non-Muslims who want an alternative to the mainstream banks.
Islamic banking’s source of funding, profits and business investments cannot be from businesses considered unlawful by Muslims………………………………………..Full Article: Source

 
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