Islamic Sharia

Lloyds TSB is to offer the UK’s first business account by a High Street bank that complies with Islamic law The accounts, offered throughout the firm’s 2,000 strong branch network, will not pay interest in order to meet the requirements of Islamic Sharia law. In addition, money held in the accounts cannot be invested in…

Lloyds TSB is to offer the UK’s first business account by a High Street bank that complies with Islamic law The accounts, offered throughout the firm’s 2,000 strong branch network, will not pay interest in order to meet the requirements of Islamic Sharia law. In addition, money held in the accounts cannot be invested in…