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Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Western sukuk left floundering after Dubai: lawyer

Posted on 16 February 2010

From Reuters: The market for issuance of sukuk in the UK and Europe is struggling to reignite in the aftermath of the Dubai World standoff and a recovery in more traditional forms of financing, a specialist lawyer said on Monday.

Farmida Bi, a partner at the Norton Rose in London, said the pipeline for Islamic bonds in the UK, the most sophisticated Islamic financial market in Europe, was “not fantastic.”…………………………………Full Article: Source

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