Securitization market shrugs off accusations of Al Rayan extremism links

By Tom Brown
07 Aug 2019

After an explosive report this week by British newspaper The Times accusing Al Rayan Bank of funding extremist groups, investors in the UK Islamic bank’s sukuk RMBS say they have little concern over the prospects for the bonds.

“Priti Patel, the newly appointed home secretary, should urgently investigate our findings, and the Qatari authorities should be held to account for this pattern of activity,” said The Times on Monday, following the release of an investigative article written by Andrew Norfolk.

The Times listed ...

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