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Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Sukuk investors’ position amid defaults

Posted on 05 October 2009

From Thestar.com.my: One of the more contentious topics in the market today is the rights of sukuk holders in the event of non-payment or default. Do they have a claim on the underlying assets in the sukuk formation?

Where do they stand in the line-up of creditors, given the general belief that sukuk are the more secured investments compared to their conventional counterparts largely because of the asset backing………………Full Article: Source

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