Written Question·Treasury·UIN 81613

Financial Services: Islam

Tabled: 13 October 2025
Answered: 21 October 2025

Question

Callum Anderson

LabourBuckingham and Bletchley

To ask the Chancellor of the Exchequer, whether her Department has made an assessment of the potential merits of expanding the UK’s sovereign sukuk programme.

Answer

Lucy Rigby
The UK is the leading Western destination for Islamic finance businesses. The Islamic finance sector also has a role in the overall UK financial ecosystem by providing sharia-compliant products for the UK’s Muslim population as well as its contribution to...

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