| 18.02.2010 - France risks sharia credentials over sukuk delay |
| From Reuters: France must host a sukuk issuance this year to show it is serious about Islamic finance and overcome the legal uncertainties that caused a delay to a 1 billion euro ($1.37 billion) issuance, a lawyer working on the deal said on Wednesday. At least one French Islamic corporate bond, or sukuk, had been expected last year but was delayed by legal hurdles........................................Full Article: Source |