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EIIB discusses future drivers of the Sukuk Sector at Sukuk Summit

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Sat, 2007/06/23 - 23:06 by Muslim Investor

European Islamic Investment Bank Plc (EIIB), the first independent, Sharia'a compliant Islamic investment bank to be authorised and regulated by the UK Financial Services Authority, is the main sponsor of the first Sukuk Summit to be hosted in London.

The Summit has been endorsed by the UK Government's UK Trade & Investment organisation and brought together a host of major players from both the UK and international financial services industry, with discussions centring on the viability of the sukuk, financial and regulatory dynamics and the potential of mobilising this new source of competitive and ethical funding.

John Weguelin, Managing Director of EIIB plc, chaired the inaugural session on day one and also gave a presentation on 'Future Drivers of the Sukuk Sector - Towards the Development of a Euro Sukuk Market'.

Via AMEInfo.

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