Britain to launch sukuk | Economy | Saudi Gazette:
"Britain is set to become the first Western country to issue an Islamic bond or sukuk as the government targets wealthy Middle East and Asian investors.
The five-year bond is intended to raise £200million and an investor roadshow will be held next week in Saudi Arabia, Dubai, Abu Dhabi, Qatar and Malaysia.
Other countries in the race to launch a sovereign sukuk include Luxembourg, Hong Kong and South Africa as they seek to tap a pool of Islamic investment forecast to reach £1.3 trillion next year."
'via Blog this'
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