More Worries Over Sukuk Default by a Dubai Firm
Concerns are surfacing that DIFC Investments of Dubai will struggle to make payments on its $3 billion debt financed by Sukuk (Islamic bonds)…
“The source of that sukuk repayment is going to be asset sales. So, as much as there is uncertainty in their asset- sale plan, obviously there will be concern on their sukuk repayment capability.”
http://islamicfinanceasia.blogspot.com/2010/08/bloomberg-difc-investments-sukuk-rally.html
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