International Innovative Technologies Limited (IIT) to offer first-ever corporate sukuk in UK
On August 23, 2010 · In Britain, Creeping Shariah, Dubai, Islamic Bonds, Islamization, Shariah Bonds, SUKUK, United Kingdom
Dubai-based Millennium Private Equity Limited (MPEL) are the ultimate financiers in the transaction, which has raised financing using the musharaka (joint venture) Sukuk (Islamic bond) structure for the technology development company based in the North East of England.
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