Economic Secretary to the Treasury, Ivan Lewis MP, said, "The Child Trust Fund is a ground-breaking initiative which will strengthen the saving habit of future generations and ensure that every child will have an asset upon which to build. The launch of the first Shari'a compliant Stakeholder Child Trust Fund makes this universal product a meaningful reality for all children, regardless of their faith. The Government's commitment to the Islamic Finance agenda has been confirmed by ensuring fair treatment of Shari'a compliant products such as home purchase schemes."
You can find out more at www.mcb.org.uk