WestLB AG Cross-Border Sukuk Sukuk Summit London Branch David TestaLondon Page 1021 June 2007 Expansion and Innovation Global spread: Islamic finance is spreading beyond the GCC and South-East Asia:  Germany August 2004: Anhalt-Saxony €100m Sukuk  Kazakhstan March 2005: US$50m commodity murabaha for Bank TuranAlem  Turkey October and December 2005: US$50m commodity murabaha for TSKB and US$44m true murabaha for FFK Fon Leasing**  USA June 2006: US$165m Sukuk for East Cameron Partners (Texas)  Japan August 2006: JBIC US$300-500m Sukuk issue announced and still under investigation  China September 2006: US$250m Sukuk announced to finance a Chinese power project  UK April 2007: Government to review feasibility of Sukuk issue  UK May 2007: £225m Islamic LBO for Aston Martin acquisition from Ford Motor Company by The Investment Dar and consortium** ** Sole arranger: WestLB
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