Ireland is well positioned to emerge as a prime hub for Islamic finance in Europe Sukuk are commonly described as Islamic bonds, trust certificates or Islamic securities and are structured and traded in the capital market in accordance with the requirement of Islamic law ("Shari'ah"). Despite the global credit crunch affecting the
Read MoreIslamic bonds - a safe haven?; Sukuks represent a stake in a real asset or project, unlike conventional bonds that are pure debt (From The Business Times Singapore, provided by LexisNexis) Publication: The Business Times Singapore Said Abdullah THE US sub-prime mortgage fiasco, which surfaced just about a year ago, has revealed $150US billion
Read MoreCredit Rating and Islamic Bonds By Lahem al Nasser According to a report published by the Saudi ‘Al-Eqtisadiah’ newspaper, credit rating agencies have unanimously agreed that when assessing sukuk (Islamic bonds), they do not take into account whether the bond is Shariah-compliant or not. This is because agencies believe that the decision
Read MoreDifferentiating Between Sukuk and Debt Bonds In my last article I discussed the necessity of taking into consideration the controversial jurisprudential dispute entailed in Islamic bonds (sukuk) during the rating process conducted by credit rating agencies. In response to the aforementioned article, I received a comment from the General Manager of Moody’s Investor
Read MoreIslamic investors snap up sukuk ijara as risks grow By Liau Y-Sing KUALA LUMPUR, March 17 (Reuters) - As the global downturn drags on, battering investor confidence and asset values, Islamic finance markets are expected to increasingly favour the certainty of lease-based bonds over profit-sharing structures to minimise risks. With key sectors such
Read MoreAdmission to listing of Islamic bonds (sukuk) on a French regulated market SOURCE: http://www.cob.fr/documents/general/8365_1.pdf
Read MoreSANAD SUKUK FUND. a case study for a revolutionary new investment product SOURCE: http://www.encoremanagement.com/download/Sukuk_World_presentation_V4.pps
Read MoreIslamic Bonds Your Guide to Issuing, Structuring and Investing in SukukOverview of the sukuk market By Professor Rodney Wilson SOURCE: http://sukuk.net/library/EuromoneyPlc%20-%20sample%20chSukuk.pdf
Read MoreISLAMIC BONDS (SUKUK) CASE STUDY (7) SOURCE: http://www.kantakji.com/fiqh/Files/Finance/1043.pdf
Read MoreISLAMIC BONDS (SUKUK) CASE STUDY (5)Qatar Global Sukuk SOURCE: http://www.kantakji.com/fiqh/Files/Finance/1048.pdf
Read MoreS&P: How Rating Methodologies Apply to Islamic Bonds LONDON -- Sept. 15, 2003 Standard & Poor's--The provisions of Islamic debt instruments may add levels of complexity to ratings analysis, but longstanding methodologies and rating scales are sufficiently broad so far to incorporate the varied features of Islamic debt financing, Standard & Poor's
Read MoreS&P Launches Stability Ratings For Islamic Banks Offering Profit-Sharing Investment Accounts SOURCE: http://www2.standardandpoors.com/spf/pdf/media/SP_Launches_SR_for_Islamic_Banks_Sept_21_2007.pdf
Read MoreThe Meaning Of Ratings For Islamic Financial Institutions SOURCE: http://www2.standardandpoors.com/spf/pdf/media/The_Meaning_Of_Ratings_For_IslamicFinancialInstitutions.pdf
Read MoreSukuk defaults expose vulnerability of Islamic finance MANAMA/KUALA LUMPUR: First defaults of Sukuk are set to expose the vulnerabilities of Islamic finance, with most investors expected to have no better legal redress than conventional bondholders as underlying assets have not been truly transferred to them. The current financial and economic crisis is
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