Investment adverts banned for showing burning US banknotes
1 week ago

Investment adverts banned for showing burning US banknotes

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The posters for Wahed Invest, seen in September and October on Transport for London services, featured images of Muslim preacher Ismail ibn Musa Menk and former professional mixed martial artist Khabib Abdulmanapovich surrounded by the flaming banknotes. Join the Money Revolution.” open image in gallery Muslim preacher Ismail ibn Musa Menk and Russian former professional mixed martial artist Khabib Abdulmanapovich surrounded by the flaming banknotes. It said the burning of banknotes within the ads was designed to be a “powerful visual illustration” that money was akin to “going up in flames” when inflation grew faster than the rate of savings. open image in gallery The ASA said: “We acknowledged Wahed Invest’s view that the burning of banknotes illustrated that money which grew at a rate lower than inflation decreased in value in real terms.

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