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Showing results for tags 'islamic'.
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Nick Clegg has blocked tough new laws intended to stop extremist speakers brainwashing university students for terrorism, raising fears that Britain will be left more vulnerable to attack. The Deputy Prime Minister personally vetoed the plan during private talks with David Cameron, after one of the worst Cabinet rows in the Coalition’s five-year rule. Mr Clegg said he could not support moves to require university bosses to vet visiting speakers and prevent impressionable students from falling under the spell of extremists – because Liberal Democrats feared the move would erode “free speech”. More
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The Islamic Bank of Britain is targetting savers of all faiths with a table-topping account. Islamic Bank of Britain (BB) has stepped up its efforts to attract consumers by launching a table-topping 4pc expected profit rate for its two-year fixed account. The account is open to "customers of all faiths" the bank said. As an Islamic Bank, IBB does not pay interest to its savers. Instead, the rate is offered as an 'expected profit rate', because the Bank invests the funds into Sharia compliant and ethical trading activities. These activities deliver a profit over the agreed, fixed term, which in this case is 24 months. IBB monitors the target profit rate on a daily basis to ensure it is achievable and will provide the return offered to the customer. IBB said that is has never failed to deliver the expected rate. More: http://www.telegraph.co.uk/finance/personalfinance/savings/9421976/Islamic-bank-tempts-savers-with-4pc-rate.html
