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By Mohammed Khnifer 01 November 2011 The groundbreaking planned sukuk issuance of USD 2 billion by Goldman Sachs will set new heights for the Islamic finance industry.     I think the only reason why Goldman went for the Murabaha structure, asset-based, is because this is the closest you can

GCC Economic Review 1Q2011

Reporting Implications of New Canadian Auditing and Accounting Standards

ECONOMICS LANGUAGE AND ASSUMPTIONS: HOW THEORIES CAN BECOME SELF-FULFILLING By: JEFFREY PFEFFER ROBERT I. SUTTON Source: http://web.nmsu.edu/~yuxia/portfolio/ferraro.pdf

Emerging Market Monthly Roadmap By Credit Agricole CIB

Fatwâ on the Sharî'ah Perspective on the Permissibility of Pensions Source: http://www.alqalam.org.uk/UserFiles/File/pensions%20and%20gross%20uncertainty-%20revised%20V1aa.pdf  

Sukuk Defaults Bring Innovative Restructuring Approaches to the Islamic Finance Industry Stand & Default: An exclusive detailed insight to sukuk restructuring after defaults. The author brings for the first time the three approved structuring approaches: 1) Debt/Equity SWAP 2) Extending Maturity, 3) Haircut To continue : http://www.cpifinancial.net/v2/Magazine.aspx?v=1&aid=2478&cat=IBF&in=57 or http://reading.academia.edu/MohammedKhnifer/Papers

Shocking 21 DEFAULTED SUKUK CASES IN THE LAST 20 MONTHS! Abstract: Whether Sukuk issuances are asset-backed could make a difference between a straightforward Sukuk or default case. A study by Mohammed Khnifer, analyzing over 21 default Sukuk cases from the past two years, talks about how default events could have

Certificate holders can take default worries off their shoulders with proper asset-backed Sukuk Abstract of the Cover Story for Business Islamica Magazine --- The research explains how lawyers can structure Sukuk that can save certificate-holders from the repercussions of what comes after default. Asset protection of certificate-holders vis-a-vis their creditors

Sukuk- Building for a Solid Future 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. The

Toward a Universal Islamic Deposit Insurance System- Part (1)Islamic Business & Finance Magazine The research highlights the types of deposits offered by Islamic banks such as  demand deposits, savings deposits, and general and special investment deposits. Then, it elaborates in details the technicality & mechanism of Islamic Deposit Insurance System &

The Rise and Fall of Gulf Finance House Islamic Finance News This paper dissects the balance sheet and business model of Gulf Finance, and scrutinizes the existence of a "pre-exit premium" in their activities - on top of the usual exit fees and/or performance fees. The study suggests that this

Screening of Advertising Practices under the Shariah Observation A Case Study on Bank Muamalat in Malaysia By:  Ahasanul Haque, Khaliq Ahmed and Syeada Irfath Jahan 6thInternational Islamic Finance Conference 2008 Peer Reviewed Paper