In a bid to enter the UK market with its Shariah-compliant banking offering, Waafi Bank selected the Bank of London as its banking services provider in the region. Waafi Bank is committed to providing Islamic banking worldwide and offering Muslims access to financial solutions that align with their faith, while also serving their needs and demands. The decision to partner with the Bank of London can be attributed to the latter’s capability of keeping all client funds in full, contrasting to other bank practices where customer deposits are either invested, leveraged, or loaned out.
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