2 Hare Court | London Barristers Chambers - One of the UK's leading sets
News 24/06/2016

R v G June 2016

Narita secures an acquittal for client charged with Money Laundering in excess £500 000. Unusually, Narita was instructed three years post charge and after four previous defence teams. Deploying an understanding of Islamic Banking (Sharia compliant finance) and instructing a Forensic Accountant successfully enabled the jury to understand and identify gaps in the complex prosecution case.

Sharia prohibits acceptance of specific interest or fees for loans of money, whether the payment is fixed or floating. Sharia compliant UK financial institutions, which have been growing faster than banking assets as a whole, played a significant role in the trial.

News 24/06/2016

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