Islamic Party calls for boycott of Lloyds TSB
Press release:
Not having had the courtesy of a reply after an initial letter of protest to Lloyds TSB, the Islamic Party of Britain is calling for a boycott of both Lloyds TSB and the Islamic Bank of Britain, after Lloyds instructed the Islamic Bank of Britain to withdraw all banking facilities to Interpal, a charity providing much needed assistance to Palestinians suffering under occupation.
"We never understood the so-called Islamic Banking initiatives to be anything but a branding exercise", said Dr Sahib Mustaqim Bleher, general secretary of the Islamic Party of Britain, "but this inappropriate and undemocratic political interference by Lloyds makes it clear who calls the shots". Muslims account holders of either Lloyds or the Islamic Bank of Britain, especially business customers, are urged to move their banking elsewhere or at least communicate to the bank that they may intend to do so. Organisations who have spoken out to support Interpal against this undeserved interference are asked to add their voice to this call for a boycott.
"Talk is cheap", said Bleher. "Muslims should realise their strength and vote with their feet. If we act in concert, there are enough Muslim account holders, given the financial crisis, to turn Lloyds into the next casualty of the banking sector - where they belong if they think they can abuse their power to target our community. If we fail to act, we no longer deserve to be listened to."