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

Islamic bonds take a hit from Dubai woes

Posted on 02 December 2009

From WSJ: Only days ago, Islamic bonds were getting talked about in the same sentence as General Electric Co. Now they are synonymous with the worst storm to hit global markets in months.

At the center of the troubles facing Dubai’s state-run conglomerate, Dubai World, is $3.52 billion in Islamic bonds, or sukuk, that will mature Dec. 14……………………………Full Article: Source

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