NEWHORIZON……

NewHorizon ISSUE NO. 174 JANUARY–MARCH 2010 MUHARRAM–RABI AL AWWAL1431 Contents: - ALLEVIATING POVERTY: IS THERE LIGHT? - SUKUK DEFAULT: QUESTIONS ABOUT SHARI’AH SUPERVISION - SOCIAL BUSINESS AND ISLAMIC PRINCIPLES - ANALYSIS: PROMISES IN ISLAMIC BANKING - IT FOCUS: KUWAIT INTERNATIONAL BANK - IIBI LAUNCHES DISCUSSION FORUM Source: http://www.islamic-banking.com/resources/7/NewHorizon%20Previouse%20Issues/NewHorizon_Jan-Mar-10.pdf

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Sukuk Defaults Bring Innovative Restructuring Approaches to the Islamic Finance Industry

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

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Certificate holders can take default worries off their shoulders with proper asset-backed Sukuk

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 can

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Final verdict: East Cameron sukuk holders win their case

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 research paper , which appeared as a cover,can be read at

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