Nearly half of Muslim consumers have never used Shariah-compliant products, marking a wake-up call to the UK Islamic banking industry, new research by Home Purchase Plan provider and Shariah-compliant bank Gatehouse reveals. A surprising 46% of Muslim consumers say they have never used Shariah-compliant products, according to the study. The figure1 - which rises to 53% among Muslim women — underlines the challenge faced by Shariah-compliant finance providers. However, a numbe
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