UK Parliament to vote on sukuks

The UK Treasury is moving to open the way for Islamic sukuk bonds to be issued in the UK this year. Under legislation submitted to Parliament today, sukuk would effectively be treated similarly to conventional bonds.

Under current UK law, sukuk are treated as collective investment schemes, a category that also includes unit trusts. The additional regulation and supervision this involves has discouraged corporate issuance of sukuk, but under the order put before Parliament this week, sukuk and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here