There will be an inaugural meeting for the All-Party Parliamentary Group on Islamic Finance held on Tuesday 4th February in the Grimond Room in Portcullis House at 4pm.
At the meeting, the office bearers will be elected and a brief plan for the Group’s activities in the coming year will be put forward.
The purpose of the APPGIF is to give the Islamic finance industry a voice in Parliament; to address issues as they arise such as Sukuk issuances, inclusivity, regulation and taxation whilst positioning the UK as the European hub of Islamic financial services, and also to play a wider role in promoting ethical finance. The Group is a robust body and has enjoyed cross-party support and in addition there are over 90 stakeholders.