The Accommodation of Islamic Finance in the Legislative and Regulatory System in the United Kingdom
DOI:
https://doi.org/10.23925/2526-6284/2023.v13n13.69310Keywords:
Islamic legislation, Islamic finance, legal transplantAbstract
The article analyzes the process of accommodating and implementing Islamic finance in the United Kingdom, highlighting the government's pragmatic approach in formulating specific policies and regulations for this purpose. It explores how the United Kingdom has adapted its legal and financial structures to integrate Sharia principles into the financial system, aiming to attract Islamic investment and strengthen its global trading relationships. The text reflects on the lessons learned from this process and its implications for other countries interested in following a similar trajectory
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