Sukuk Securities: New ways of debt contracting
Date of this Version
Extract: This book is about an emerging financial market that promises to provide effective funding for production activities under a set of safe risk-sharing and profit-sharing finance principles built into the design, and trading of a wholly new form of fixed-income securities called sukuk. In a speech on October 13, 2013, announcing new laws to get London to join sukuk trading, British prime minister David Cameron said that the new investments are possible "because of the unique openness of the city of London and because of our commitment to help London lead the way in Islamic finance across the world, just as it has led the way in global finance across the ages."
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