Great to see Shariah compliant products being offered in the UK competing with conventional products.
Two take away points:
1. Commercial attractiveness will open up Shariah compliant financial products to a wider customer base and thereby enable further growth of Islamic finance in the UK; and
2. Islamic finance is NOT the same as conventional finance.
Shariah-compliant accounts continue to be among the top-paying options for savers – finally confronting the notion that being ethical won’t make you money.