Photo: The HM Treasury building on Horse Guards Road in Westminster, London, UK, in April 2018. Willy Barton/Shutterstock

Islamic Finance

UK seeks second sovereign sukuk issue in early 2020 – HM Treasury


The government of the United Kingdom plans to issue its second ever sovereign sukuk in early 2020, according to an e-mail from the UK Treasury Spokesperson on Monday (Jan 13) to Salaam Gateway.

“Further details, including on timing, will be made public in due course,” he said.

The UK will begin negotiations with other banks and seek to mandate lead managers shortly.

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Sukuk