When Sukuk Default – Certificate Holders Can Take Default Worries Off Their Shoulders with Proper Asset-Backed Sukuk
Business Islamica Magazine, pp. 20-25, 2010
3 Pages Posted: 18 Dec 2010
Date Written: December 16, 2010
Abstract
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 be achieved by adopting bankruptcy remoteness.
Keywords: Islamic Bonds, Default, Islamic Finance, Shariah, Sharia, Sukuk, Risk, Legal, Credit
Suggested Citation: Suggested Citation
Khnifer, Mohammed, When Sukuk Default – Certificate Holders Can Take Default Worries Off Their Shoulders with Proper Asset-Backed Sukuk (December 16, 2010). Business Islamica Magazine, pp. 20-25, 2010, Available at SSRN: https://ssrn.com/abstract=1726677
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