BLME

[1] It was founded in 2006 and offers financial services in three core areas: wealth management, commercial real estate finance and savings products.

BLME received authorisation[5] from the Financial Services Authority (FSA) in July 2007 with a full set of permissions and European passporting.

[17] As an Islamic bank, BLME attempts to make sure that its services are wholly Sharia’a compliant and uses these principle to underpin all of its practices.

From its foundation, the bank has had a dedicated a Sharia’a Supervisory Board (SSB) to review contracts and agreements.

[18] This is to ensures that all policies, practices and governance are in compliance with Sharia’a and Islamic jurisprudence, rooted in transparency, fairness and clarity.