Mohaimin Chowdhury, EIIB

Rachel Evans
Staff writer

"The biggest challenge for Islamic finance is the UK's Muslim population. Lots of Muslim businesses are doing well and there are more and more Muslim professionals, but most are not very educated about shariah finance," says Mohaimin Chowdhury, head of legal and shariah compliance at European Islamic Investment Bank (EIIB).

Islamic finance has been lauded as the next big thing. But the potential investor market may not be as big as assumed.

As Chowdhury points out, "Muslims need convincing that you can actually have Islamic finance." Although the Koran forbids the earning of interest, or riba, British...