ARTICLE
2 October 2019

UAE Corporates Use Offshore SPVs For Sukuk Issuance

MG
Maples Group

Contributor

The Maples Group is a leading service provider offering clients a comprehensive range of legal services on the laws of the British Virgin Islands, the Cayman Islands, Ireland, Jersey and Luxembourg, and is an independent provider of fiduciary, fund services, regulatory and compliance, and entity formation and management services.
Manuela Belmontes discusses how UAE-based corporates are raising capital through the Islamic capital markets and doing so using offshore SPVs.
United Arab Emirates Finance and Banking

Manuela Belmontes discusses the recent trend in UAE-based corporates raising capital through Islamic capital markets and doing so using offshore SPVs, continuing the trend for future corporate issuers to follow.

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This article first appeared in Vol. 16 Issue 135 of Islamic Finance News published in September 2019.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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