"Authorisation process for the new home finance activities", Financial Services Agency (UK) Press Release, September 22, 2006
Applications to become licensed for Islamic leasing home purchase plans (Ijara) begins November 6 and runs until April 6, 2007. According to the press release frin the FSA, "After 6 April 2007, when the new regimes start, it will be illegal for any firm that is not FSA authorised or an Appointed Representative of an authorised firm to carry on [...] Ijara home finance business."
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