Abstract
This paper examines phenomenon of London as the Islamic banking hub. It contends that London has become not only an international centre for Islamic finance, but also that there is big interest and demand for Islamic banking products. The authors are also positive that Islamic banking may be a certain solution for problems that Europe has been suffering since 2007 when global debt crisis started. Our intention is to attract other researchers to this subject, as we believe Islamic finance may play an important role in future of global financial markets.
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