The UK Government has proposed new regulations to support Shariah-Compliant Finance and the issuance of corporate sukuk (also known as Islamic bonds).

The new regulations, entitled the “Financial Services and Markets Act 2000, Order 2010,” will make the operation of Shariah-Compliant Finance easier in the UK and facilitate the issuance of corporate sukuk.

These regulations will also, of course, help Shariah to embed itself into British society, culture and laws…

http://blogs.findlaw.com/solicitor/2010/01/islamic-finance-new-laws-to-support-corporate-sukuk-in-the-uk.html

 

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