Showing posts with label scotland. Show all posts
Showing posts with label scotland. Show all posts

Friday, March 16, 2012

UK - Omar Shaikh: Islamic banking could be perfect fit for Scotland

www.scotsman.com - YOU cannot mask what has happened to the banking industry over recent years. Alongside the near collapse of our biggest banks, there has been a disintegration of trust.
It has spurred many of us from the worlds of business, the churches and academia to explore new models of financial institution that bring together Islamic and ethical banking for a more socially-focused view of lending.
Today the Tods Murray/Islamic Finance Council UK (IFC) ethical finance forum will look at the practical challenges relating to marketing and distribution and discuss methods for measuring social returns.  (source)

Thursday, December 23, 2010

UK - The Scottish Government is looking again at using Islamic finance to bankroll major infrastructure projects

The Islamic Finance Council, a UK-wide body based in Glasgow, says it held talks with Scottish Enterprise and Scottish Development International on December 10, describing it as “a joint round table with the IFC exploring opportunities for renewable energy sector investments using Islamic finance”.

Meanwhile, leading financial lawyer Graham Burnside, a member of the IFC, has said Islamic bonds could be used fund major projects including the £2.3 billion Forth road crossing.