05.10.2009 - Sukuk investors’ position amid defaults
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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