Owner of Aston Martin has sukuk delisted from NASDAQ Dubai
Another sukuk in trouble:
Investment Dar had its Islamic bonds delisted from Nasdaq Dubai because the Kuwait-based owner of half of Aston Martin Lagonda Ltd. didn’t comply with the regulator’s disclosure requirements.
The company also missed a payment on an Islamic bond (sukuk) in May 2009.
The shares of Investment Dar were also delisted from the Kuwait Stock Exchange by the country’s Capital Markets Authority last month.
http://www.arabianbusiness.com/nasdaq-dubai-delists-investment-dar-sukuk-451217.html
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