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

Sukuk assets may need special protection

Posted on 06 November 2009

From Forexyard.com: The default of Kuwait Investment Dar’s sukuk and the bankruptcy filing of U.S. sukuk issuer East Cameron have put the spotlight on the extent to which investors are protected when an Islamic bond sours.

Most sukuk have been structured as asset-based instruments, rather than asset-backed securitisation……………………….Full Article: Source

 
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This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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