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Sukuk.net Press) In the light of the new provisions relating to land assets and capital gains in the Finance Act 2009 in the UK, corporate Sukuk issuance based and backed by real estate assets is set to increase dramatically over the next few years. Originations out of the UK and European Union is set to flourish as companies seek to raise new financing and to diversify their sources of funds in a market that is still feeling the impact of the credit crunch.
Despite the financial crisis, liquidity in the GCC countries and South East Asia remains at high levels, and the Sukuk is an increasingly popular market instrument to raise financing for expansion, balance sheet purposes and recapitalisation of more expensive conventional debt. The Sukuk is now an internationally acceptable instrument but its true potential is yet to be realised.
The changes proposed in the Finance Act 2009 in the UK offer exciting new opportunities for the real estate sector in particular, and in this context the Sukuk Masterclass titled "Understanding Sukuk - Issues, Structuring, Innovation" scheduled for the 1st July 2009 at City law firm Ashurst LLP offers an unique opportunity and insight into this important new financing tool.
Come and learn and interact with global experts in structuring Sukuk and accessing market opportunities. Those particularly interested in real estate opportunities will find that the Masterclass features a special focus on "Sukuk & Real Estate - Implications of Tax, Capital Gains & Other Allocation Issues". Can you or your company afford to miss this unique and timely Sukuk Masterclass?
Places are now limited and are available on a first-come-first-served basis. Register now to avoid disappointment.
Places for both the workshop and summit are now limited. Register today to confirm your place and avoid disappointment!
About ICG Events
ICG-Events is dedicated to organising focused events, investor forums and conferences in creating a better awareness & understanding of the
Islamic finance industry. Our aim is to always procure the highest calibre speakers who have the most current knowledge of the issues in their specialised areas of practice and to provide a significant value added return to delegates.
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