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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Performance more

Dana Gas says cash owed by customers doubled to US$501mln

Posted on 21 March 2012

Dana Gas, which has US$1bn in Islamic bonds maturing in October, said money owed by customers almost doubled last year. Total trade and other receivables climbed to US$501m from US$255m in 2010, the Sharjah, UAE- based company said in its consolidated financial statement to the Abu Dhabi bourse.
Dana Gas said US$212m of the total was owed for more than four months………………………………………..Full Article: Source

 
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