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UK government to support Islamic finance

Posted on 22 January 2010

From Hm-treasury.gov.uk: The Treasury has introduced measures in Parliament to support Islamic finance and the issuance of corporate sukuk within the UK. The Financial Services and Markets Act 2000 Order 2010, will help to provide a level playing field for corporate sukuk within the UK.

The Order provides clarity on the regulatory treatment of corporate sukuk, reducing the legal costs for these types of investments and removing unnecessary obstacles to their issuance……………………………….Full Article: Source

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