Muslim organizations shocked abruptly closing their accounts at HSBC
After a controversial decision HSBC unilaterally close bank accounts belonging to a number of Muslim organizations based in the UK, Muslim organizations to retaliate, branding movement "shocking" and "Islamaphobic."
Last week, HSBC sent a series of nearly identical letters to Muslim organizations in the UK, giving them two months to close their bank accounts, saying that their services fell outside the bank "risk appetite." Ummah welfare Trust, Cordoba Foundation brain and Finsbury Park mosque of Muslim organizations were to receive a letter.
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