There are 1.9 billion Muslims across the
world...almost half are underbanked.
There are reasons why: The Muslim faith
has rules around finance. You can't do business with bad
industries. And you can't earn money on money itself.
So, interest is no-go and that makes "Normal" banks
Islamic banks sprouted up and built a £2.5
trillion industry. BUT, just like our high-street ones,
they are super slow, boring and haven't digitised fast
So as Muslims, we are left with two
choices: a suboptimal Islamic banking experience or a
non-Islamic bank that contradicts our values.