The UK’s expertise in Islamic finance was mentioned in Prime Minister Theresa May’s address at the Lord Mayor’s Banquet in the Guildhall, London on Monday 12th November 2018.
On the UK’s important role in the global economic system the Prime Minister said:
As a global trading hub, the United Kingdom has always understood that our prosperity depends on the global rules we uphold and the partnerships we build.
From the world’s first insurance market to the creation of the biggest Islamic finance centre outside the Islamic world, we have not only driven the trade and investment that fuelled unprecedented growth, but helped to shape the institutions and governance that sustains it. Not least, right here in this great City of London.
The evening was hosted by the recently elected Lord Mayor of the City of London Peter Estlin, a former banker who, for the coming year, will serve as an international ambassador for the UK’s financial and professional services sector.
Details of the full speech can be found HERE