The news that London has finally issued its maiden
sukuk has everyone excited that Islamic finance could
become a viable option for corporates in the western world.
However, alongside the jubilation comes another round of
inevitable discussions about competition between finance
centres vying to gain the biggest slice of the lucrative
Indeed, London's debut sukuk is a clear signal of the
government's intention to position the UK as a leading hub for
Islamic finance. But in the same way...