Manuela Belmontes and Gurminder Sanghera discuss how offshore SPVs, in particular Cayman Islands-incorporated orphan SPVs, remain a popular choice of issuance vehicle for Sukuk originating from the GCC.

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This article was first published in Islamic Finance news Volume 17 Issue 11 dated 18 March 2020.

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Manuela Belmontes

Partner

+971 4 360 4074

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Gurminder Sanghera

Of Counsel

+971 4 360 4084

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