Linklaters and Clifford Chance (CC) have advised on the UK government's inaugural Islamic bond, the first sukuk issued by a European government.
June 29, 2014 at 07:16 PM
1 minute read
The original version of this story was published on Legalweek
Linklaters and Clifford Chance (CC) have advised on the UK government’s inaugural Islamic bond, the first sukuk issued by a European government.
The bond uses a Shari’a compliant leasing structure where the transaction is underpinned by rental income from three central UK government offices.
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