Islamic Finance and London: Deputy Mayor Kit Malthouse Outlines Vision of Western Hub for Muslim Money [VIDEO]

London is vying to become a western hub for the lucrative and ever-growing Islamic finance market.

It recently became the first non-Islamic country to host the World Islamic Economic Forum.

IBTimes UK spoke with Kit Malthouse, London's deputy mayor for business and enterprise, about what the capital is doing to build Shariah-compliant Islamic finance into the City.