Four Men Arrested On Suspicion Of Terror Offences By Armed Police In A Series Of Raids Across London

Westbourne Grove, Paddington

Arrests: Police arrested two men at Mansell Street in Whitechapel, east London The men were arrested on suspicion of the commission, preparation or instigation of acts of terrorism. Two were arrested in Mansell Street, east London, one at a premises in Westbourne Grove, west London, and the fourth at Peckham Street, south-east London. French jihadist suspected of involvement in September 11 attacks arrested in Paris after being deported from Pakistan Armed officers swooped on the addresses after a planned intelligence-gathering operation. A spokesman for the Metropolitan Police said: ‘At about 7.10pm tonight four men were arrested on suspicion of the commission, preparation or instigation of acts of terrorism under the Terrorism Act 2000. ‘They have all been taken to a south London police station. Searches under the Terrorism Act 2000 are being carried out at six addresses in London.’ Terror raids: Another man was taken at Westbourne Grove in Paddington, west London A man who witnessed the arrest on Westbourne Grove – a street lined with restaurants and boutiques in Notting Hill – described the event as ‘quite a scene’. The man, who did not want to give his name, said: ‘Well, I walked by and it seemed to be a couple of guys being arrested. ‘There were three.’ Held: A final man was arrested on Peckham Street in east London. All four are being held by police. The man said the men ‘looked white’ and were ‘up against the wall. And there was quite a lot of police.

London now a key Islamic finance centre

During his recent visit to Malaysia, Clark who is also the financial secretary to the Treasury of the UK, said it could not be denied that Islamic finance played a role Malaysias changing skyline, saying London will also see the same. We have seen how the skyline of Kuala Lumpur has changed in recent years, and Islamic finance played a role in this but what is little known by travellers to London is how the recent developments there were also touched by the sector, Clark said. It is important for us to learn from this country in terms of whats being done here in the Islamic finance sector, he said. Clark said Islamic finance assets in London is today estimated at 19 billion (RM96.9 billion), and that is why the UK is willing to develop the sector even further. UK also offers a secondary sukuk market which is today valued at US$5 billion (RM16 billion). We have taken some efforts as the UK government to remove, for example, some of the dual taxation policies and extend tax reliefs to the Islamic finance sector, Clark said in an interview during the recent Kuala Lumpur Islamic Finance Forum. London has 20 international banks and they are offering Islamic financial services. Six of these are fully Shariah-compliant, the minister said, adding that the UKs largest accountancy firms have a Shariah expert providing advice to UK and international financiers on Islamic finance. Londons interest in Islamic finance dates from the days of the HSBCs push to serve its Muslim customers with Islamic finance products in 2003. However, 10 years later in 2013, the UK government launched its first Islamic finance task force, co-chaired by Clark and Baroness Warsi, a senior Minister of State at the Foreign and Commonwealth Office. The task force will help to cement Londons status as the western hub for Islamic finance by showcasing the UK as the preferred choice for the Muslim world to invest in and do business with, a statement from the www.gov.uk website said. It also indicated that the task force will support development of the UKs Islamic finance sector, increasing inward investment and strengthening the economy. The task force will include major industry figures to ensure that the UKs offer is promoted at home and abroad by both the public and private sector, the statement said.