16.05.2011 - No debut sovereign Sukuk out of Luxembourg for the moment
Perhaps it is not surprising that Luxembourg has put a dampener on any speculation that it may go to the international market to raise funds through a debut Sukuk issuance. Yves Mersch, governor of the Banque Centrale de Luxembourg, confirmed that the Luxembourg government is in no hurry to issue a sukuk because there are currently no compelling reasons for doing so..............................................Full Article: Source
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