Another positive step in the growth of Islamic Finance market in the UK.  

Whilst the issuance of the UK government's inaugural sovereign sukuk in 2014 helped to cement the UK's reputation as one of the main international hubs for Islamic Finance outside of the GCC and Malaysia, the government's renewal of the sovereign sukuk has demonstrated its commitment to the Islamic Finance industry and to build on the rapid growth since 2014.  

We await further details on the new sovereign sukuk and it will be seen whether the government will increase the sum raised.