From Arabianbusiness.com: Dubai property developer Nakheel said on Monday it is revising the redemption terms for its $750 million sukuk which matures in 2011, as concerns over how it will repay its debt weigh on the market.

The state-owned developer of palm-shaped islands off the coast of Dubai also has $3.5 billion worth of Islamic bonds which mature in December, and questions remain over the government’s plan for them………Full Article: Source