A case being heard at London's High Court will shine a light into the dark corners of Islamic financing gone wrong. »

London based Gatehouse Bank has announced the acquisition of Fountainbridge, a student accommodation property located in Edinburgh, United Kingdom for £20.0 million. »

A comparison of fixed deposit rates offered in UK Pounds (GBP Sterling) by UK based Islamic Banks, and Conventional Banks shows the Islamic Banks offering better rates. Al Rayan Bank (formerly known as Islamic Bank of Britain) is offering an industry best profit rate of 1.90% for a one year fixed deposit, whilst the conventional arm of HSBC is offering a lowly 1.00%. Al Rayan Bank and HSBC both en... »

The Manchester office aims to serve mid-market companies in the North of England, where it has provided financing totalling £50 million over the past year. »

The proposal would give people without a deposit the option of paying monthly instalments towards the cost of a home, without having to raise a deposit. After 30 years of such payments, the buyer would own the home outright. »

Gatehouse, a UK based investment bank operating in accordance with Sharia principles, announced the completion of terms for financing of a real estate deal. »

The United Kingdom and Hong Kong push ahead with Islamic Finance ambitions. »

In a speech delivered on 24 March to the Reform Export Summit, Hugo Swire MP, the UK Government minister responsible for Islamic finance development in the UK spoke of the long-term economic trend and development of Islamic finance and how the UK is positioning itself to take advantage of this growth. »

The UK Government re-affirmed its commitment to develop the UK as a global centre for Islamic finance in a report released yesterday. »

The Islamic financial sector in Europe, although small in size, has promising potentials to gain traction given the fast expanding bilateral ties between European countries and Islamic financial hubs of the GCC and Malaysia. »