Bank of England proposes ‘fund-based’ sharia-compliant liquidity facility –

Posted April 12th, 2017 in banking, islamic law, news by sally

‘The Bank of England is proposing to introduce a “fund-based” deposit facility for Islamic banks, which would allow them to obtain access to additional liquidity when necessary in a way that is compliant with sharia law.’

Full story, 10th April 2017