I recently raised the question of Sharia finance with our local local MP and his reply was that it was merely a contract and people could enter any contract they wish. Which is true with normal commercial contracts however if you accept Sharia Finance you also accept Sharia Law which is a religious law quite different from normal commercial law.
And considering the government is trying to make London the European centre of Sharia finance in Europe we could be sleep walking into Sharia law through the back door.
What I think is happening is an attempt at a long term culture change through Finance.
We now find that Many Lloyds TSB customers are being hit with charges of up to £200 a month if they go into the red - while Muslims who use the bank are only being charged £15.
We the undersigned request that all Islamic accounts based on Sharia Law be made illegal in this country as it based on Islamic religious law which is not recognised in this country.
The Stop LLoyds TSB discriminating in favour of Islamic Accounts petition to UK Parliament was written by John Arthur and is in the category Business at GoPetition.