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

UK gears up to issue first corporate sukuk

Posted on 01 February 2010

From Arabnews.com: The UK government may be stalling on the issuance of a sovereign sukuk in the wholesale sterling market, but the country took a step nearer to facilitating the issuance of the first UK corporate sukuk.
Come end of February 2010, the necessary final legislation should be adopted by the House of Commons following the introduction of The Financial Services and Markets Act 2000 Order 2010 by Treasury to support Islamic finance and the issuance of corporate sukuk within the UK………………………………….Full Article: Source

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