null UK bolsters Islamic finance offering with second Sukuk
UK bolsters Islamic finance offering with second Sukuk
26 Mar 2021 | Friday Source: Gov.UK
£500 million of Sukuk, the Islamic equivalent of a bond, has been sold to investors based in the UK and in the major hubs for Islamic finance in the Middle East and Asia.
The UK issued its first sovereign Sukuk in 2014, making it the first country outside the Islamic world to issue sovereign Sukuk and cementing its position as a centre for Islamic finance.
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