Coutts

Banks & Banking

Muslim charities still being debanked despite Farage furore The Muslim charities group called for bank staff to undergo antiracism training as Islamophobia is suspected as one reason for account closures and halted payments. The Labour government committed to change the law to 'enhance consumer protections.'

January 29, 2025   

(Sky News) Muslim charities say they are still having their bank accounts closed without warning or explanation and face difficulties opening an account despite the political backlash after Nigel Farage’s high-profile debanking. It means charities face obstacles in carrying out their work, […]

Banks & Banking

Like Nigel Farage, British Muslims say they are being ‘de-banked’ Often without providing clear reasons, major high-street banks appear to be disproportionately closing the accounts of British Muslims, members of the minority group and experts say.

August 15, 2023   

(Al-Jazeera) Two months ago, the Cordoba Foundation, a British think tank, was organising a forum in central London about political tensions in Tunisia. But when trying to settle invoices, its efforts to pay for the event failed. “Multiple attempts to pay the […]

Banks & Banking

Banks accused of closing accounts belonging to British Muslims The Muslim Council of Britain has written to political leaders, saying members of the community are 'disproportionately affected' and need to have their rights protected.

August 1, 2023   

(Sky News) British Muslims are having their bank accounts closed “without adequate transparency and recourse,” representatives have claimed. The Muslim Council of Britain (MCB) said individuals and organisations in the community were being “disproportionately affected by this issue” — leaving the group […]