Bank of England announce the launch of the long-awaited Shariah compliant non-interest-based deposit facility

IFN OnAir
14/12/2020 14 min
Bank of England announce the launch of the long-awaited Shariah compliant non-interest-based deposit facility

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Episode Synopsis

Andrew Hauser, Executive Director for Markets, Bank of England delivered his keynote address at  IFN UK Forum 2020 . The long-awaited Shariah compliant non-interest-based deposit facility, an instrument years in the making, will be operational in the first quarter of 2021

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