Launch Partners

Monday, April 15, 2024

Launch Partners

FCA policy paper improves Shariah compliant financing options

UK: The Financial Conduct Authority (FCA) of the UK has issued The Alternative Finance Order 2022 which will improve Shariah compliant financing options for businesses, a statement confirmed. The policy paper will ensure that certain alternative finance arrangements facilitated by regulated peer-to-peer platforms receive similar tax treatment to their conventional counterparts.

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