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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

UK based asset manager launches world’s first ‘investment Sukuk

Posted on 02 April 2012

London-based Shari’ah-compliant asset management firm, Ethical Asset Management, aims to raise £200 million for assets in the UK student accommodation sector.
The Investment Sukuk, which is domiciled in Jersey, will acquire existing income producing properties located in the top University towns and cities throughout the country, using pure equity at all times. No debt or leverage will be utilised before, during or after the acquisitions………………………………………..Full Article: Source

 
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