Project Blue Ltd v Commissioners for HMRC [2018] UKSC 30

With a thriving Muslim population and growing investment from the Middle East there is a need for Islamic financial practices to be integrated into English law. This case revolves around the sale of the historical Chelsea Barracks by the Ministry of Defence to Qatari investors who used a form of Islamic finance. Problems arose when the investors tried to use a loophole to avoid paying stamp duty on the sale and so the Supreme Court had to decide if the loophole applied and how much tax had to be paid. In this episode we also discuss whether Muslim investors are discriminated against. Music from bensound.com