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

Asset-based or asset-backed sukuk: billions at risk?

Posted on 06 November 2009

From Forexyard.com: Legal protection for sukuk holders in the case of non-payment or default has become a hot topic after a rash of problems at Islamic financial institutions.

Unlike mainstream bonds, sukuk do not pay interest, as it is forbidden in Islamic finance. Instead, holders receive returns from underlying assets……………………….Full Article: Source

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


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