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Luxembourg Regulator clarifies prospectus requirements for sukuk

March 2011 - Finance. Legal Developments by OPF Partners.

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In 2002, Luxembourg was the first European country to list sukuk. Today Luxembourg is already hosting 7% of Islamic investment funds worldwide, ranking fourth after Malaysia, the United Arab Emirates and Saudi Arabia. As at the end of 2010, sixteen sukuk were listed on the Luxembourg Stock Exchange.

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