| 06.11.2009 - Asset-based or asset-backed sukuk: billions at risk? |
| 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 |