Muslim community leaders in the UK are calling banking giant HSBC ‘Islamaphobic’ after they received letters telling them that their banking services will be terminated in September.
Three organizations—The Cordoba Foundation, the Ummah Welfare Trust (UWT), and the Finsbury Park Mosque—have all received nearly identical letters (pdf) from the bank, and two of them believe the cause may be their support of Palestine.
The letters said that the groups fall ‘outside’ of the bank’s ‘risk appetite’, but gave no further reason for the termination of service. Continue reading “Palestine Support Behind Banking Behemoth’s Closure of Muslim Organizations’ Accounts?”