Tuesday, June 29, 2021

Tolkien Funding Sukuk

Heard of sterling denominated Tolkien Funding Sukuk named after the famous author JRR Tolkien? The story below. Birmingham. Tolkien. Al Rayan Bank headquarter. The rest is Sukuk Tolkien at maturity of 2052 (34 years).

https://www.prnewswire.com/news-releases/al-rayan-bank-uk-issues-largest-ever-sterling-sukuk-for-250m-674036003.html

Image credit - Vox.

According to Vox, Tolkien wrote LOTR to procrastinate on his academic work at Oxford.



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Oppenheimer and Oscar Economics

This  article  is quite long, but has important modern implications.  Source: Michael Ramirez, The Gazette.