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UK sovreign sukuk? Yes, no, maybe …

Posted on 22 January 2010

From Reuters: Given that a general election looms and parties are out to get as many votes as they can, I half- expect grand promises to expand the Islamic financial sector, which is still growing despite the crisis.

At an event hosted by law firm Norton Rose, both major British political parties went out of their way yesterday to stress London’s superiority in matters of Islamic finance — but neither was willing to expand on what it lacks most: a sovereign sukuk……………………………….Full Article: Source

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