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6.12.10

Sukuk- Building for a Solid Future

Sukuk- Building for a Solid Future
Islamic Banking & Finance magazine
Final verdict: East Cameron sukuk holders win their case

Asset-based and asset-backed sukuk are contrasting instruments with different consequences in the event of default, as Mohammed Khnifer explains in his analysis of distressed high-profile sukuk and the judgement on East Cameron Gas.  Also under the microscope is bankruptcy remoteness in sukuk issuance.
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