Fri, Apr 18, 2014
A A A
Welcome bhaimia
RSS

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

Nasdaq Dubai delists Investment Dar Sukuk

Posted on 27 March 2012

Investment Dar had its Islamic bonds delisted from Nasdaq Dubai because the Kuwait-based owner of half of Aston Martin Lagonda Ltd. didn’t comply with the regulator’s disclosure requirements.
“The delisting of TID Global Sukuk 1 Ltd. from the official list is due to the failure of the TID Global Sukuk 1 Ltd., the Investment Dar Co., to comply with its continuous disclosure obligations under the Markets Law 2004 and Offered Securities Rules,” according to a statement on the Nasdaq Dubai website………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
282930