New LFF brochure - Luxembourg Vehicles for Islamic Finance Structures

Luxembourg is recognised as one of the leading European centres for Islamic finance. This is not the result of a recent initiative: we have a long track record in the sector. Luxembourg is recognised as one of the leading European centres for Islamic finance. This is not the result of a recent initiative: we have a long track record in the sector. In 1978 Luxembourg hosted the first Islamic finance institution to establish in a western country (the Islamic Banking System). In 1983, the first shariah compliant insurance company in Europe was established in Luxembourg and in 2002 Luxembourg was the first European stock exchange to list a sukuk.
Today, Luxembourg is the leading non-Muslim domicile for shariah compliant investment funds and can rival any stock exchange in Europe for the number of sukuk issues listed.