Post Brexit UK to Tap the $5 Trillion Global Halal Market

SourceAl Bawaba
SectorFinancial Markets
CountryMiddle east

According to Dr Tausif Malik founder, Halal Angels Network “Based on our research for an ideal location to move our headquarters, we felt that London, UK would be the ideal location for our new headquarters, as it is home to the majority of investment firms, family office, Venture capital, PE Firms, and Angels network.”   Dr Malik also said that based on the research post Brexit UK can reposition as the global hub & gateway to Ethical & Shariah Finance to the world.   Post-Brexit financial institutions are relocating to various cities across Europe such as Frankfurt, Dublin & Paris, according to Northwestern University Medill Report “London’s emergence as an economic powerhouse has profound implications for the country’s economy post-Brexit. Financial services accounted for 15% of London’s economic output in 2017 and 6.9% of more...