Opinion: Don’t expect rush to follow Lux sukuk

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Opinion: Don’t expect rush to follow Lux sukuk

Luxembourg’s debut in the sukuk market last week was a great advert for the asset class and rounded off a run of ground-breaking deals from new borrowers. But despite bankers reporting interest from other European sovereigns in the aftermath – and suggestions the Grand Duchy itself will return next year – it is unlikely that its western neighbours will follow soon.

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