The country has approximately 3.9 million Muslim residents. Additionally, the branch will allow users to exchange funds in their accounts for physical bars of gold and pay for goods with a debit card tethered to exchange-traded commodities.
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Halal Investing Platform Opens New Sharia-compliant U.K. Bank
Wahed, a halal investing platform backed by soccer star Paul Pogba and Saudi Aramco, opened a physical bank in the U.K. compliant with Sharia investment practices. So reports CNBC.
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