Al Rayan Bank prints UK Sukuk first

Al Rayan Bank hit a number of firsts in February to become the only bank outside of a Muslim majority country to print a public Sukuk backed by residential mortgages, and the bank’s treasurer tells EMEA Finance that the deal will hopefully encourage other Islamic banks to tap the market.  

Unsung heros

As KYC requirements become more complex, many financial institutions are calling for specialist third parties to save the day.