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

UK government ‘seriously considering’ first sukuk issue

Posted on 19 October 2010

From Arabianbusiness.com: The British government may issue its first sovereign sukuk, or Islamic bond, by the end of the year, the head of a London-based Islamic lender has said. “They are seriously considering it,” said Fahed Boodai, co-founder and chairman of Gatehouse Bank, a subsidiary of Kuwait’s Global Securities House.
When asked if an issuance is likely this year, he said; “I hope so.”………………………………………Full Article: Source

 
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