About

The Islamic Finance Council UK (‘IFC’) is a not for profit body established to promote and develop the Islamic finance industry.  The IFC carries out a range of activities to enhance the Islamic finance industry and to help create an environment where every believer of ethical finance can make financing decisions in accordance with their principles.


The IFC is based in Scotland, a country with a proud heritage in ethical finance and the birthplace of ethical movements that included TSB, Scottish Widows and Scottish Equitable. Underlying Islamic finance are similar ethical, social and moral dimensions of wealth creation and deployment which aim to enhance equality and fairness in society.

Working as a catalyst between market makers, professional firms and policy makers, the IFC seeks to provide choice to consumers. The Islamic finance industry is at an embryonic stage and it’s rapid growth has led the IFC to take a dynamic role, developing and growing in line with the industry. As the industry develops the IFC aims to adapt to best address the new challenges and opportunities presented.