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Keyword: shariabond

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  • Britain to become first non-Muslim country to launch sharia bond

    10/29/2013 9:44:55 AM PDT · by C19fan · 15 replies
    UK Telegraph ^ | October 29, 2013 | Harry Wilson
    Britain is set to become the first non-Muslim country to sell a bond that can be bought by Islamic investors in a bid to encourage massive new investment into the City. David Cameron will say in a speech on Tuesday at the World Islamic Economic Forum in London that the Treasury is drawing up plans to issue a £200m Sukuk, a form of debt that complies with Islamic financial law.