Financial Services Ireland/City of London

Islamic finance one of the fastest growing segments of the global financial system. Our report highlights that although the UK has a strong track record in attracting Islamic investment, to ensure it maintains its competitive edge and status as a leading western hub in the sector, government and industry need to act with greater pace, coordination and ambition as competition from other markets intensifies.

Our response recognises the growing risk of adverse economic pressure, but argues that the government has not made a sufficiently robust case for broad new powers to restrict cross-border trade, investment, intellectual property or procurement.

Our latest report, produced in partnership with Freshfields, outlines strategies to attract large-scale private investment into UK infrastructure. It proposes improving financial and regulatory frameworks and highlights the importance of exporting British expertise to global markets. The report urges joint efforts between government and industry to reinforce the UK's position in infrastructure and foster international growth.