Islamic banking in the UK has already seen its peak. In non-bank sector, there are a few areas in which Islamic finance still has a lot of room for growth. FinTech and charity have a big role to play in this respect. The UK can set an example. Islamic banking sector in the UK comprises four fully-fledged Islamic banks and a couple of Islamic windows. While Islamic banking is trying to find a niche in the affluent segment of the industry, Islamic non-banking sector can fill the gap by offering community-based Islamic financial products. These products may include Waqf-based plans to help the Muslim community as well as contribute to the general welfare of the mainstream population. The goodwill thus created will help establish Islamic finance in the UK as a main contributor to social welfare in the country. Islamic FinTech sector may look into this opportunity, and shouldn’t be swayed by an emphasis on filling the vacuum left by the shrinking size of Islamic retail banking in the country.