UK government is "dragging feet" on sukuk

UK government is “dragging feet” on sukuk

slipper-genie

Despite extensive discussion with the industry, a UK sovereign sukuk is unlikely this year. The government is struggling to overcome tax-related problems and unwilling to issue in uncertain markets.

Earlier this month, the Treasury published the results of its consultation paper on a sovereign issuance of shariah-compliant debt. But legal reaction has been mixed.

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One response to “UK government is "dragging feet" on sukuk

  1. Pingback: ABC Finance Articles » UK government is “dragging feet” on sukuk

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