Web Toolbar by Wibiya
Login | Sign Up AnonymousUser
New to Comunitee?

or Sign Up with Email



OCT 29, 2013 - Forbes

A Must Read - Share

UK Islamic Bond More Show Than Substance

Today the British Prime Minister, David Cameron, confirmed that the UK will issue a sovereign sukuk - the Islamic equivalent of a bond. The announcement, at the World Islamic Economic Forum in London, was accompanied by some emotive language about inclusiveness for Britain's Muslim community, a call for further investment into the UK from the Islamic world, and some grand ambitions about London's role as a centre for this field of finance: "I want London to stand alongside Dubai and Kuala Lumpur as one of the great capitals of Islamic Finance anywhere in the world."

Tags: UK Islamic Bond More Show Than Substance,  World Economic Forum Latest News