Three government properties underpin the Sukuk. These are Richmond House, Wellington House and 22-26 Whitehall.
The Sukuk is issued under, and governed by, English law. The properties underpinning the Sukuk continue to be occupied by the departments that were there before issuance, with no change to their use. While investors have a beneficial interest in the assets, they do not have any say over how the properties are used.