No debut sovereign sukuk out of Luxembourg for the moment

The statement of Yves Mersch, governor of the Banque Centrale de Luxembourg, revealed the fact that the Luxembourg government is in no hurry to issue a sukuk because there are currently no serious reasons for doing so.
The government doesn't need to borrow at this point, so no sukuk will be sold.
But Ernst & Young, Theisen Law and Lux Global Trust Services organized summit on "Islamic Finance in Luxembourg" and if he had participated, he may have a had different oppinion.

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