From Cpifinancial.net: Of course, there has been something of a tabloid crusade against all things Islamic in the British press, which has been cited by some as the reason Islamic finance has not enjoyed much success in the UK.
The Islamic Bank of Britain has yet to turn a profit, the UK’s first ‘Halal’ insurance firm, Salaam Insurance, closed its doors in 2009 after just 18 months of trading. alburaq – owned by Arab Banking Corporation – has effectively withdrawn its savings and mortgage products from the mass market and HSBC Amanah has scaled down its Islamic banking staff in Britain……………………………………….Full Article: Source