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Barclays' Head of Islamic Finance Said to Leave Company

Barclays pares back its Shariah finance business.



Bloomberg
February 14, 2011
Dubai, United Arab Emirates

Barclays Capital’s head of Islamic finance left the company last month, a person familiar with the matter said.

Harris Irfan, based in Dubai, joined the company in July 2009 and headed Islamic finance operations for Barclays Capital and Barclays Wealth, part of Barclays Plc. The British bank’s spokesperson declined to comment when contacted by Bloomberg News today.

Reuters reported earlier today Irfan left the company after the bank decided to focus less on Shariah-compliant product offerings.


 

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