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A checking account may be every thing in an more and more cashless society. Within the UK, banks closed greater than 343,000 accounts within the final monetary 12 months. The follow is called ‘debanking,’ and purchasers are given no discover or recourse after they’re flagged as potential dangers. Muslim teams have complained for years that they’re unfairly focused. Their trigger lately received an sudden enhance from far-right politician Nigel Farage after he uncovered that his account had additionally been shut down over his political opinions. This week, the Monetary Conduct Authority says a preliminary overview has discovered “no proof” that banks have shut or denied accounts over prospects’ political opinions. However whereas Farage’s case drew widespread consideration and condemnation, many within the Muslim neighborhood say they’re nonetheless struggling the results.
On this episode:
Anas Altikriti, founder and CEO of the Cordoba Basis
Episode credit:
This episode was produced by Miranda Lin and our host Kevin Hirten, in for Malika Bilal. Fahrinisa Campana and David Enders fact-checked this episode.
Our sound designer is Alex Roldan. Our lead of viewers improvement and engagement is Aya Elmileik. Munera Al Dosari and Adam Abou-Gad are our engagement producers.
Alexandra Locke is The Take’s government producer, and Ney Alvarez is Al Jazeera’s head of audio.