From Zawya.com: It’s a myth to assume Islamic finance products are safer than conventional products and underlying risks should be studied more carefully, Qatar’s top regulator said.

Despite being billed as a safer alternative to traditional banking because assets must underpin deals, Islamic bondholders have found they may not have any more legal safeguards than conventional counterparts in the event of default. Such issues were highlighted after sukuk or Islamic bonds had the first ever defaults last year………………………………..Full Article: Source