Dawn in the East: Islamic finance in focus
Islamic Finance was a growing sector in the UK before the 2008 credit crunch shook the banking industry. Firms had begun to respond to client demand, recruiting experts in Sharia law and putting in place support networks. Now economies are holding back.
The Big Four and top mid-tier firms all have experts that are waiting to engage with clients on the topic, but it is not clear how much business this generates. People with an interest include those searching to invest in Islamic markets and those hoping to attract finance from cash-rich Sharia-observing countries.