Tags: banks

Barclays Bank's decision to close UWT account.


Friends of Al-Aqsa
Press Release
Immediate Action Needed 
Millions of people will suffer by Barclays Bank's decision to close UWT account.
 
The Ummah Welfare Trust (UWT) is dismayed by receiving a 30 day notice from Barclays to close their bank account. The trust has been banking with Barclays since its inception in 2001 in order to carry out relief operations in over twenty countries across Africa, Asia, Europe and the Middle East providing support to over a million people.  
Barclays Bank has given no apparent reason to why the notice has been served. UWT Director of Operations Mohammed Ahmed said in a statement, "We are deeply concerned with Barclays Bank's decision to close our accounts without any justification. This decision will not only affect the great work carried out by UWT but will affect millions of people who rely on UWT. This decision sets a dangerous precedent of disrupting British charities without any substance, especially as INTERPAL is in the process of having its bank accounts closed by Lloyds TSB. Targeting charities in this way shows there is a conceited attempt to stop the good work in politically-sensitive regions by leading British Muslim charities.  
UWT is calling on all supporters and friends to urge Barclays Bank to review its decision so UWT can continue its humanitarian projects across the world without any disruption. UWT would like to reassure its supporters this is a decision of a bank and does not reflect the view of the Charity Commission.
You can help the UWT by doing the following:

CONTACT:
Barclays, and express your concern that registered charities can be treated in such a manner. Write to:
     
 
John Varley
Group Chief Executive
1 Churchill Place
London
E14 5HP

Tel: 020 7116 3852
 
Contact Your Local MP to apply pressure on the government to act against Barclays's misconduct towards Ummah Welfare Trust; express your anxiety that the decision of Barclays will set a precedant for banks to close accounts of Islamic charities and organisations.
 
Friends of Al-Aqsa is a UK based non-profit making NGO concerned with defending the human rights of Palestinians and protecting the sacred al-Aqsa Sanctuary in Jerusalem. This vision is supported by various international groups and organisations. Friends of Al-Aqsa was first established in 1997 and now has an international support base.