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Islamic Finance Briefing - Categorized | Compliance, Tax, Legal, Regulatory, Finance more

DFSA slams complex Islamic structures

Posted on 03 November 2011

Overly-complex Islamic finance structures such as the Nakheel sukuk leave open the potential for disruptive behavior, according to a Dubai Financial Services Authority (DFSA) regulator.
Complex Islamic finance structures which seek to replicate conventional products often require a large number of complex agreements, which in turn can lead to a large number of legal challenges down the line………………………………………..Full Article: Source

 
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