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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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.
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.