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Helped 6 countries develop enabling regulatory frameworks for Islamic finance, enhancing financial inclusion to over 15 million people

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Established award winning Ethical Finance Round Table series, running since 2010 and attended by over 450 delegates representing 83 organisations

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Launched the world’s first joint venture between Islamic finance and the Church,  promoted to over 5 million people worldwide
( Edinburgh Finance Declaration )

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Delivered over 27 CPD sessions to over 500 Islamic scholars across the globe

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Latest Activity and News

UKFIC Confirms Support for Ethical Finance 2019
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We are delighted to be formally supporting the Ethical Finance 2019 summit; the premier event in Edinburgh advocating finance for positive change. The 2 day gathering of banks, investors, asset owners, regulators and development agencies from across the globe will explore the transition to a sustainable financial system where capital drives positive change. The summit…

Announcement – UK thought body is the first specialist Islamic Finance organization in the world to endorse the new UNEP-led guidelines for responsible banking.
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Today Islamic Finance Council UK (UKIFC) became the first advisory body dedicated to Islamic finance to endorse the United Nations Environment Finance Initiative’s (UNEP FI) Principles for Responsible Banking (UN PRBs), joining 64 other international banks and stakeholders. The UN PRBs represent an opportunity for the Islamic Banking industry, which is made up of over…

Ethical Finance Round Table Explores the Role of Blended Finance for the SDGs
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The 17th Edinburgh Ethical Finance Round Table took place at the Scottish Parliament on Wednesday 24th October 2018 during a week of ethical finance events that were anchored by the 2-day Ethical Finance 2018 conference held at the RBS Conference Centre. The round table began with Scottish Government host Ivan McKee the Minister for Trade,…

Endorsements

“We are happy that the UKIFC have taken a global perspective on the CPD project and look forward to the establishment of a common platform for all leading jurisdictions for the shared goal of enhancing the growth and capacity and availability of Islamic finance throughout the world, using UK as a hub”
Lord Digby Jones, Former Minister of State for UK Trade & Investment
“In the Church we don’t just want to talk about how we need to do things differently. We want to demonstrate how we can and are. Working with the Islamic Finance Council UK is an important part of that work. Not only are we trying to build a fairer economy together. We are also building vital friendships and relationships across our faiths. That is also really significant in today’s world where these relationships are so often defined by division.”
Rev Sally Foster-Fulton, Former convener of the Church of Scotland’s Church & Society Council
“I recognise that the UKIFC aims to enhance Shariah scholars and Islamic bankers’ comparative understanding of conventional versus Islamic finance. This will go a long way in empowering the scholars and bankers.”
Rasheed Al Maraj, Governor, Central Bank of Bahrain
“I think the work of the UKIFC is very important as it takes the principles of ethical finance and tries to apply them to needs of Scotland, of society and some of the big opportunities that Scotland can offer.”
Lady Susan Rice CBE, President, Scottish Council for Development & Industry
“The UKIFC’s round table events are a unique forum in the ethical finance sector; the opportunity to hear perspectives on a particular topic from a wide range of stakeholders is invaluable.”
Julian Parrott, Partner, Ethical Futures

UKIFC Services

Advisory

Providing advisory, reporting and consultancy services in relation to the establishment, promotion and regulation of Islamic finance.

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Ethical Finance

Exploring the relationship between Islamic finance and the broader ethical finance arena and promoting coordination and understanding between them.

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Training & Awareness

Promoting awareness and understanding of Islamic finance and its regulation as well as empowering Shariah scholars and finance professionals.

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Thought Leadership

Providing leadership on current issues in Islamic finance with a view to promoting robustness and stability in Shariah financial frameworks and market practices.

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About the UKIFC

A range of supporters discuss the purpose, aims and ambitions of the UKIFC in this short, informative video.

10 Year Anniversary in 2018

Click to download our Anniversary Brochure >