In May 2011, the UK Islamic Finance Secretariat (UKIFS) became integrated into TheCityUK.
UKIFS brings together government and industry to jointly promote the UK as a global gateway for Islamic finance. The key objectives of UKIFS are to co-ordinate and promote the development of Islamic finance in the UK and to act as the primary contact point for UK government bodies including UK Trade & Investment, HM Treasury and the regulator.
In achieving these objectives, UKIFS operates four practitioner-led interest/working groups that convene regularly to drive the development and delivery of strategic goals:
- Islamic Financial Institutions - Chaired by Bank of London and the Middle East
- Accountancy, Taxation & Regulation - Chaired by KPMG
- Education, Training & Qualifications (ETQ) - Chaired by CISI
- Commercial Real Estate - Chaired by King & Spalding LLP
- Legal - Chaired by SNR Denton LLP
With over 2,000 registered individuals and organisations, UKIFS is today the leading cross-sectoral body assisting the promotion and development of Islamic finance in the UK.
Find out more
You can read in our Islamic finance supplement which appeared in The Times and our annual Islamic finance economic report.
A detailed list of our upcoming Islamic Finance focused events is available here.
Why choose a career in Islamic finance?
Follow this link to read an interview with Thomas Woods, an intern at BLME on why he chose a career in Islamic finance.
What are the benefits of Islamic finance?
Nigel Denison, executive director of Bank of London & Middle East, says Islamic Finance is increasingly attracting non Muslims in the UK as it is perceived as a safer and more ethical alternative. He spoke as part of Bloomberg Television's "Faith in Finance."
For more information or to get involed in UKIFS, please contact: