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Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Nakheel to issue sukuk in Q1 2011

Posted on 29 November 2010

From Tradearabia.com: Top regional property developer Nakheel said its financial and operational restructuring is on track and plans to issue a sukuk (Islamic bond) to its trade creditors in the first quarter of 2011.

Nakheel, which was trying to reach agreement on a proposed restructuring plan, is returning to health, said Faisal Mikou, the executive vice president of the Investment Corporation of Dubai…………………………………….Full Article: Source

 
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