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Conservative Party, London 2009

'Keeping London at the forefront of Islamic finance'. Initiative aiming at shaping the Conservative positioning on Islamic finance by providing unbiased information and a strategic perspective

The presentation to the Shadow Treasury team and the Conservative Treasury front bench in the House of Lords was delivered on 16 November 2009 by a group of the City key practitioners in Islamic finance. It was preceded by several closed-door meetings to develop a clear and effective communication strategy. This initiative aimed to help shaping the Conservative positioning on Islamic finance by providing unbiased information and a strategic perspective as well as a possible agenda to implement

It showcased the competitive advantage enjoyed by London, the importance of Islamic finance for the City to maintain its role of one of the world's finance hubs, the commercial need for Islamic Finance and the market expectations for a sovereign Sukuk. The issuance of the latter was deemed particularly important to keep London at the forefront of the Islamic finance proposition and respond to a pressing demand for short term sovereign instruments from UK Islamic financial institutions

Available on request

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