Thursday 26, June 2014 by Matthew Amlôt

Advisors selected to aid in launch of UK's debut sovereign Sukuk

Five Joint Lead Managers have been selected for the UK's GBP 200 million debut Sovereign Sukuk, a transaction that will see the first Shariah compliant issuance by a western nation. The banks selected are, Barwa Bank, HSBC, Standard Chartered, National Bank of Abu Dhabi (NBAD) and CIMB of Malaysia. NBAD has also been selected as Joint Bookrunner.

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