UK Sustains its Islamic Finance Initiative With Ministerial and London Lord Mayor Visits to GCC

The traction in the UK’s Islamic finance initiative continues unabated with two important high-level visits to the Gulf Cooperation Council (GCC) Region in February 2014. First it was British Foreign…

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Financial Secretary Sajid Javid Confirms UK Debut Sovereign Sukuk is on Track for FY2014 Launch

UK Financial Secretary, Sajid Javid, confirmed that he expects the UK’s debut sovereign Sukuk issuance to “take place in the forthcoming financial year” (between 1 April 2014- 31 March 2015).…

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DDCAP Managing Director, Stella Cox, joins the University of East London’s Islamic Finance and Banking Advisory Board.

In February 2014, Stella accepted an invitation to join the University of East London’s (UEL) Islamic Finance and Banking Advisory Board. UEL is a modern university located in the London…

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IILM Issues Second Sukuk Totalling US$860m and Expands Primary Dealer Network to Boost its Cross Border Islamic Liquidity Management Reach

The International Islamic Liquidity Management Corporation (IILM), whose mandate is to promote the development of a cross-border, short-term international liquidity management system for the global Islamic banking system, successfully issued…

Continue ReadingIILM Issues Second Sukuk Totalling US$860m and Expands Primary Dealer Network to Boost its Cross Border Islamic Liquidity Management Reach