Gaining traction in the Islamic finance community, countries across Europe have demonstrated their commitment to developing their Shariah sector locally. With the leverage of a more developed economy Islamic finance stands to gain significant potential in these mature markets. NABILAH ANNUAR explores. The year 2014 has been said to be a turning point for the global Islamic capital market. Sovereign Sukuk issuances by non-Muslim sovereigns dominated the debt capital markets, motivated by UK Treasury’s inaugural deal in July. Europe saw....