Along with other professionals, for many years I have been asking the UK Government to eliminate the capital gains tax charge when appreciated real estate (apart from an individual's main residence) is refinanced in a Shariah compliant way. The tax charge is unfair, because no such charge arises on a conventional refinancing. After many years of ignoring the issue, the Government is consulting on eliminating this tax trap. In the October 2024 Budget it announced that it would be proceeding with changing the law.