Stand and Default: Sukuk Defaults Bring Innovative Restructuring Approaches to the Islamic Finance Industry
University of Reading - ICMA Centre
November 19, 2010
Islamic Business & Finance, October 2010
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
Date posted: November 21, 2010 ; Last revised: November 24, 2010