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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Compliance, Tax, Legal, Regulatory more

New laws to support corporate Sukuk in the UK

Posted on 25 January 2010

From Findlaw.com: The UK Government has proposed new regulations to support Islamic finance and the issuance of corporate sukuk within this country.

NDSThe regulations have four main aims: (1) to level the playing field for corporate sukuk within the UK; (2) provide clarity on the regulatory treatment of corporate sukuk; (3) reduce the legal costs for these types of investments; & (4) remove unnecessary obstacles to their issuance…………………Full Article: Source

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