Almost half of British Muslim consumers have never used Islamic finance, providing ‘huge opportunity’ for industry – study
Forty-six per cent of British Muslims have never used Islamic finance, says a survey by the Shariah-compliant Gatehouse Bank.
This marks “a wake-up call to the UK Islamic banking industry”, Gatehouse said in a statement on Wednesday.
“Our report highlights that providers of Shariah-compliant finance are missing out because of a largely untapped market for their products,” said CEO Charles Haresnape.
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