Peter McIlvenna
๐ค SpeakerAppearances Over Time
Podcast Appearances
That is a huge growth.
And this is about supply and demand.
This is about if you increase the population of a group that demands certain entitlements, then that must be provided.
The same is Sharia Finance.
Sharia Finance is a $5 trillion industry due to hit, I think, $7 trillion by the end of the decade.
Everyone wants a slice of this pie.
Whether you're in the food industry, whether you're in the financial industry, you want a part because there is money to be made in this.
And that is my concern.
This is not driven just by...
Islamic organizations that may be above the radar.
This is the demand of local citizens.
And if you let people in, if you allow communities to establish, then they will make demands.
And just an example, Steve, I remember being at a restaurant in London, I think 12 years ago.
And I was asking, I saw on the menu, it said, our chicken is halal only.
And I have an issue with this.
So I asked the waiter, I don't want halal.
Have you got non-halal?
And he looked at me as if I had just said something a different language.
I repeated it twice.
I then got the area manager who had been in the restaurant.