The complex journey of British Muslims in financial advice

A look at how advice firms can attract British Muslims to the sector

Sahar Nazir
clock • 5 min read

Despite the advice profession’s growing diversity, a double whammy of ethnic and religious identity often restricts British Muslims’ access to the world of finance, writes Sahar Nazir

British Muslims face a unique set of challenges that hinder their representation in the financial advisory sector, according to commentators. Professional Adviser looks at whether this minority group is excluded from selecting financial planning as a potential career, and what advice firms can do to break down barriers, promoting diversity and inclusivity. Lack of representation Data from the 2021 Census shows that 3.9 million people in the UK identified as Muslim. As of 2022, Islamic Relief said about 50% of UK Muslim households live in poverty, compared to 18% of the general UK po...

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