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March 2009


HMT consultation on the legislative framework for the regulation of alternative finance investment bonds (sukuk)

The Exchange welcomes the opportunity to respond to this joint consultation between HM Treasury and the FSA.  The Exchange has played a pivotal role in establishing the UK as a gateway for global Islamic finance and promoting London’s international competitiveness. 

We agree with the move to align the regulatory treatment of alternative finance investments bonds with conventional debt securities and support the proposal for AFIBs to be subject to a mandatory listing requirement.

Downloads
HMT consultation on the legislative framework (pdffile pdf - 418 KB)

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