Sunday, October 28, 2007
New Islamic finance advisory service in the IK
A new website has launched in the U.K. for a nonprofit organization called Al Qalam, which provides Shari'ah advice in the U.K. on legal and financial matters. Its existence provides a way for Muslims to make their own checks on the Shari'ah-compliance of the many Islamic financial providers in the U.K. The organization is connected with 1st Ethical (a Shari'ah-compliance and tax advisor). However, the website describes Al Qalam as being "wholly independent in it’s operations from 1st Ethical".