Capital Markets, Luxembourg updates

Greater legal security for sukuk issuers
NautaDutilh Avocats Luxembourg S.à r.l.
  • Luxembourg
  • 22 February 2011

The Commission de Surveillance du Secteur Financier, Luxembourg's financial regulator, has published a statement on Islamic debt securities that stresses Luxembourg's desire to provide further clarity on certain rules applicable to sukuk. The move is a further boost to Luxembourg's status as a global hub for Islamic finance.

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