Stand and Default: Sukuk Defaults Bring Innovative Restructuring Approaches to the Islamic Finance Industry

Khnifer, Mohammed

doi:10.2139/ssrn.1712055

Abstract

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Stand and Default: Sukuk Defaults Bring Innovative Restructuring Approaches to the Islamic Finance Industry

Mohammed Khnifer

University of Reading - ICMA Centre

November 19, 2010

Islamic Business & Finance, October 2010

Abstract:
Stand & Default: An exclusive detailed insight to Islamic Bonds (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.

Number of Pages in PDF File: 2

Keywords: Islamic Bonds, Islamic Finance, Shariah, sharia, sukuk, risk, default, haircut, SWAP

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Date posted: November 21, 2010 ; Last revised: November 24, 2010

Suggested Citation

Khnifer, Mohammed, Stand and Default: Sukuk Defaults Bring Innovative Restructuring Approaches to the Islamic Finance Industry (November 19, 2010). Islamic Business & Finance, October 2010. Available at SSRN: http://ssrn.com/abstract=1712055 or http://dx.doi.org/10.2139/ssrn.1712055

Contact Information

Mohammed Khnifer (Contact Author)

University of Reading - ICMA Centre ( email )

Whiteknights Park
P.O. Box 242
Reading RG6 6BA
United Kingdom

HOME PAGE: http://reading.academia.edu/MohammedKhnifer/Papers