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Updated: 1 hour 21 min ago

UK tax law on sukuk needs to change

Mon, 2026-03-30 12:18
IslamicFinance shared this story from Mohammed Amin - 20 newest items. I am on a couple of working parties lobbying the Government for proposed legal changes. One of the requests is a change to the tax rules governing "Investment bonds." (That is the name UK tax law gives to sukuk.) Very briefly, it is wrong that securitisations of Islamic home purchase plans are harder than conventional mortgage securitisations.