Islamic Finance Council UK
Helped 6 countries develop enabling regulatory frameworks for Islamic finance, enhancing financial inclusion to over 15 million people
Established award winning Ethical Finance Round Table series, running since 2010 and attended by over 450 delegates representing 83 organisations
Launched the world’s first joint venture between Islamic finance and the Church, promoted to over 5 million people worldwide
( Edinburgh Finance Declaration )
Delivered over 27 CPD sessions to over 500 Islamic scholars across the globe
UKIFC Managing Director Omar Shaikh delivered a virtual lecture with the World Muslim Communities Council, on Saturday 5th December 2020. Entitled “Moral Economy and Green Recovery After Covid-19: Islamic Awqaf and Finance”, the lecture affirmed that Islamic finance is moral financing and a means to carry out community activities and achieve human happiness. He added:…
The second Islamic Finance and the UN Sustainable Development Goals (SDGs) Taskforce meeting has taken place virtually bringing together over 50 global Islamic finance leaders. At the meeting, convened by the State Bank of Pakistan (SBP) in partnership with the UK Islamic Finance Council (UKIFC), the SBP announced the launch of a country level working…
Britain has failed to deliver on a government commitment to boost the sector, says UKIFC founder & managing director Omar Shaikh in an interview for Arabian Business. The British Islamic finance market is facing a slew of challenges and is being held back by weak consumer awareness, according to one of the country’s top experts.…
“This Taskforce will bring together the global Islamic finance community so it can help us meet our international, environmental and sustainability objectives – using UK expertise in sustainable finance to drive forward innovation around the world.”
“We are confident that the taskforce will play a significant role in identifying innovative solutions for sustainable finance in the future.”
“This Taskforce will bring together the global Islamic finance community so it can help us meet our international, environmental and sustainability objectives – using UK expertise in sustainable finance to drive forward innovation around the world.”
“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”
“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.”
Providing advisory, reporting and consultancy services in relation to the establishment, promotion and regulation of Islamic finance.
Exploring the relationship between Islamic finance and the broader ethical finance arena and promoting coordination and understanding between them.
Promoting awareness and understanding of Islamic finance and its regulation as well as empowering Shariah scholars and finance professionals.
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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A range of supporters discuss the purpose, aims and ambitions of the UKIFC in this short, informative video.
