Thursday Nov 21, 2019
Richard Thickpenny shares how sharia-compliant social finance is helping support refugees in the UK.
We all know the arrival of people fleeing their homes to move to the UK is an ongoing global crisis. A crisis which the UK isn't fully resourced to support. But what is less discussed is the role social investment play in this.
Richard Thickpenny shares insights into the development of 'Yield Sharing Finance'. Richard works for social enterprise Ashley Community Housing (ACH). Together with Resonance Limited, a social investor, the two organisations created the Yield Sharing Investment Model. Compliant with Islamic Law, this fund also provides a return to investors.
This is an ethical and innovative Sharia-compliant financing model, which is being used to purchase properties to house refugees. An interesting and unique approach to the way social investment can help improve lives across the UK.
To learn more about social investment, subscribe to our channel and go to www.goodfinance.org.uk
Comments (0)
To leave or reply to comments, please download free Podbean or
No Comments
To leave or reply to comments,
please download free Podbean App.