A leading Muslim charity that funds one of the UK's most prominent mosques is under formal scrutiny after losing £1 million in a failed investment tied to an NHS supplier.
The Charity Commission, the independent regulator for charities in England and Wales, has issued a formal warning to the East London Mosque Trust (ELMT), citing failures to adequately oversee the charity's financial dealings. The watchdog has given the Trust six months to take corrective action or face further regulatory consequences.
