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Oliver Ali Agha and Claire Grainger

Analysis: Sukuk - When is a default not really a default?

Sat, 2009-12-19 17:21 — newsdesk

Following recent events in Dubai, there has been a flurry of articles on sukuk defaults, with some commentators suggesting Islamic finance will wane. While many seem sure that defaults will occur, others have suggested sukuk holders’ rights and the resolution options available to them are no different from conventional bondholders’. Oliver Ali Agha and Claire Grainger offer a counter-argument to that perception.

Source: 

http://www.risk.net/credit/analysis/1565919/sukuk-default-default

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