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Sukuk.me: Tax neutrality for Islamic finance contracts

10/06/2011 12:25:03 PM GMT   Comments ()     Add a comment   Print     E-mail to friend

The book recounts that in 2007 the UK Treasury introduced legislation to enable banks to sell sukuks (bonds), allow sukuk issuers to offset the payments as tax deductible expenditure (as in the case of conventional interest expenditure), harmonise and ...

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Source: AJP

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