British Muslims say banks ruin lives with debanking policies
Muslim individuals and groups in the UK are facing frequent account closures and refusals for personal or business-related bank accounts, according to Bloomberg News. A heightened risk of terrorism and money laundering amongst Muslim applicants is cited by financial institutions as the main reasons for account closures.
Muslim individuals and groups in the UK are facing frequent account closures and refusals for personal or business-related bank accounts, according to Bloomberg News. A heightened risk of terrorism and money laundering amongst Muslim applicants is cited by financial institutions as the main reasons for account closures.
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