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Global Trade Alert

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UK: Eximbank guarantees sukuk loan to Emirates

Description

On 17 July 2015, the UK Export Finance agency announced in a press release that it had issued its first guarantee for a sukuk (Islamic loan). The loan worth 913 million USD would finance the purchase...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

17 Jul 2015

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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