Written Question·Treasury·UIN 2132
Mortgages: Islam
Tabled: 29 July 2024
Answered: 5 September 2024
Question
Afzal Khan
Labour — Manchester Rusholme
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of bringing the tax regulations for Sharia-compliant mortgages in line with conventional mortgages.
Answer
James MurrayThe Government is committed to the continued strength of the UK Islamic Finance sector, both as an important part of the UK’s overall financial ecosystem and as an instrument of financial inclusion.The alternative finance tax rules aim to provide a level ...
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