Bank of London and the Middle East (BLME) has launched a Shari'ah compliant money market fund in Europe which it claims is the first and largest of its kind.
RESOLUTION IS sitting on a £400m cash pile which it will pay out to certain policyholders, according to the Daily Telegraph.
A website detailing mortgage and financial products compliant with the Islamic faith has been launched.
The first Shariah-compliant child trust fund was launched by The Children's Mutual yesterday.