Wednesday, June 14, 2006

Lloyds launches Islamic portfolio

From the Guardian:
"Lloyds TSB is bidding for Britain's 2 million Muslims by making sharia-compliant current accounts and mortgages available from any branch nationwide.

Today's announcement came the day after Gordon Brown addressed the Islamic finance and trade conference to promote Britain as a centre for Islamic finance.

The chancellor said that British banks were "pioneering" Islamic banking. "London now has more banks supplying services under Islamic principles than any other Western financial centre," Mr Brown said."
Which reminded me of this.

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