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Tagged: 'Stuart Ure'

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Clifford Chance advises on the first ever green sukuk in the GCC

16 May 2019


Clifford Chance has advised Majid Al Futtaim Holding LLC (Majid Al Futtaim) in relation to the issuance of US$600 million 10-year fixed rate trust certificates by MAF Sukuk Ltd. (the Certificates). The Certificates have been issued pursuant to MAF Sukuk Ltd.'s...

Sovereign sukuk in Africa: A developing landscape

12 December 2017


On 24 September 2014, the Republic of South Africa (RSA) issued its inaugural US$500 million sukuk which was hoped by many commentators to be the catalyst to allow a US$-denominated African asset-based sukuk market to develop. The expectation was that the RSA's...