06.11.2009 - Sukuk: Safe Islamic investments or risky business?
From Reuters: For years, sukuk have been structured and sold as Islamic bonds, but a high-profile default is renewing debate about whether they are in fact equity-like instruments that expose investors to greater risk. As the sukuk market emerges from the shadow of the global credit slump, the US$1 trillion (RM3.42 trillion) industry is grappling with the extent to which sukuk should mirror conventional bonds, an issue which will determine holders' returns and whether they will be first to be repaid if the investments sour............................Full Article: Source
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