The Validity and Viability of a Waqf Based Banking Model in the UK
Randeree, Kasim and Ahmed, Ari (2015) The Validity and Viability of a Waqf Based Banking Model in the UK. [Report]
Abstract
This research aims to explore the prospects and challenges of setting up a Waqf bank, particularly in a Muslim minority country such as the UK. The study employs a primarily qualitative research paradigm, via interviews of experts in the area, but also incorporates some secondary data analysis. It explores the financial, regulatory and structural requirements of a Waqf bank, focussing particularly on the legal environment of the UK.
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