sukuk

Welcome to the 'sukuk' tag page at Technorati. This page features content from the farthest reaches of the Blogosphere that authors have "tagged" with 'sukuk'.

Latest blogosphere posts tagged “sukuk”

• Preliminary Observations On Dubai World Bailout And Nakheel Bond Prospects

  
  zero hedge — Authority: 741
  The story of the day is undoubtedly the bailout in Dubai. Yet what are the implications for Nakheel bondholders who have holdings in the firms 2010 and 2011 bonds. JP Morgan chimes in: We believe that Nakheels sukuks due 2010 and 2011 are not out of the woods as the Dubai government seems to be limiting immediate ...
  3 days ago

• Dubai World receives Government rescue package

  
  ICM Commercial & Business News — Authority: 435
  The Dubai Government has announced a rescue package worth around $10 billion (£6.13bn) to help stabilise the Dubai World Group and save it from defaulting on its $4.1bn Islamic bond. The money will include the full repayment of the Nakheel 2009 sukuk – Dubai World’s property arm which has built the luxury The ...
  4 days ago

• Abu Dhabi Bails Out Dubai

  
  USA2UAE.COM — Authority: 119
  Dubai today unveiled a sweeping US$10 billion (Dh36.7bn) rescue package from the Abu Dhabi Government that will allow Dubai World to deal with a slew of immediate financial obligations, including a $3.5bn Islamic bond that is due today. Will the Palms Ever Be Completed? The move ends months of speculation about ...
  4 days ago

• One debt down

  
  Dubai Business | Kippreport — Authority: 512
  Dubai government’s announcement that the Dubai Financial Support Fund received $10 billion from the government of Abu Dhabi to help Dubai World, a state-owned conglomerate, meet its financial obligations came only hours before Nakheel’s deadline. Nakheel, the developer behind The Palm islands in Dubai, and a ...
  4 days ago

• D-day for Nakheel Dubai – December 28 is the final cut off point

  
  7starsdubai's Weblog — Authority: 128
  original published by ReutersDUBAI (Reuters) – Heavy rain pounded Dubai on Sunday adding to the gloom of the emirate’s debt woes a day before the deadline of the $3.52 billion bond by state-owned developer Nakheel, with no word on how it will be handled.Dubai’s stock market did soar for a second consecutive ...
  4 days ago

• Tomorrow is D-Day for Dubai.

  
  InvestmentWatch — Authority: 542
  DUBAI (Reuters) - Heavy rain pounded Dubai on Sunday adding to the gloom of the emirate’s debt woes a day before the deadline of the $3.52 billion bond by state-owned developer Nakheel, with no word on how it will be handled. Dubai’s stock market did soar for a second consecutive session on Sunday as traders ...
  4 days ago

• Dubai World Debt Crisis: Keynes Was Right

  
  An Investment Banker's Take On Life — Authority: 91
  “If I owe you a pound, I have a problem; but if I owe you a million, the problem is yours”, so said John Maynard Keynes. That’s the exact same predicament the creditors of Dubai World and its property unit, Nakheel, find themselves in right now. Only that here we are not talking of just a million, but a cool $26 ...
  6 days ago

• Non Gulf Bond Holders Threaten to ‘Go Nuclear’ Over Repayment of Bonds

  
  USA2UAE.COM — Authority: 119
  …Meanwhile, bondholders of the Nakheel sukuk that is due to be redeemed on Monday took part in a conference call organised by Deutsche Bank yesterday. Deutsche Bank, which is trustee to the sukuk, said it was seeking clarity from the issuer about its plans to restructure debt, according to two investors who ...
  1 week ago

• Future of Islamic Finance

  
  Legal Research Plus — Authority: 127
  Teh Financial Times has posted a special report on the Future of Islamic Banking:http://www.ft.com/islamicfinancePdf of the December 8, 2009 print supplement available at:http://media.ft.com/cms/ac6257de-e2de-11de-b028-00144feab49a.pdf
  1 week ago

• It’s crunch time

  
  Dubai Business | Kippreport — Authority: 512
  Yet another Dubai official has separated the Dubai government from Dubai World’s hefty debts. Dubai’s director general of the department of finance told Al Jazeera TV that the Dubai government will not sell any of its assets, locally or globally, to help Dubai World restructure and cope with its debt. Abdulrahman ...
  1 week ago

• Will Dubai Default Sink International Islamic Bonds Market?

  
  South Asia Investor Review — Authority: 412
  Dubais debt woes are bringing the worlds attention to the Islamic finance , particularly the Islamic bonds known as sukuk. Sukuk are Sharia-compliant bonds that do not pay interest. Instead, the sukuk sellers pay the debt holders a share of the rent or capital gains from non-cash physical assets or share of the ...
  1 week ago

• Dubais Debt Crisis Hurts Islamic Finance

  
  Haq's Musings — Authority: 419
  Dubais debt woes are bringing the worlds attention to the Islamic finance , particularly the Islamic bonds known as sukuk. Sukuk are Sharia-compliant bonds that do not pay interest. Instead, the sukuk sellers pay the debt holders a share of the rent or capital gains from non-cash physical assets or share of the ...
  1 week ago

• Dubai: the City that Cried Wolf

  
  Dubai Informer — Authority: 120
  A week ago, Dubai announced to the world that one of its largest entities, Dubai World, will be seeking a moratorium on its debt, believed to be somewhere in the range of $60 Billion.Soon after, various holidays around... Hey Dubai Fan - Please click the headline above so you can read the full version of this ...
  2 weeks ago

• Breaking news from FT: Dubai rejects debt guarantee. This is going to hurt!

  
  InvestmentWatch — Authority: 542
  Breaking news from FT: Dubai rejects debt guarantee Dubai’s government will not guarantee the debts of Dubai World, the state-owned holding company struggling under the weight of $59bn (£36bn) in liabilities, arguing that lenders were mistaken to think that there was sovereign backing. Abdulrahman al-Saleh, ...
  2 weeks ago

• UAE mobile subscribers expand to 7.44m at the end of third quarter

  
  Dubai for Visitors — Authority: 154
  The number of mobile subscribers in the UAE has expanded to 7.44 million at the end of the 
third quarter, depicting a net gain of 180,000 subscribers or 2.5 per cent quarter-on-quarter and 5.5 per cent year on year, in contrast to a loss of 81 Read more here:  UAE mobile subscribers expand to 7.44m at the end of ...
  2 weeks ago

• Dubai Debt Crisis: Implications for Gulf Economies & Global Financial Markets

  
  Risk Watchdog — Authority: 125
  Suggestions of a technical default on November 26 by UAE-based Dubai World have sent shockwaves through the financial world. Not only are creditworthiness concerns reaching boiling point, but global equity markets, too, seem to initially have gone into panic mode. Business Monitors Liz Martins and Terry Alexander ...
  3 weeks ago

• Dubai: Decoding The Default

  
  Risk Watchdog — Authority: 125
  The news that Dubai World, one of the stalwarts of the Dubai economy, is potentially defaulting on its debt is, quite simply, massive. It highlights the sheer scale of a financial crisis that Dubai has been doing its best to keep under wraps for more than a year. The situation is far from clear, but here is my ...
  3 weeks ago

• Bursa Malaysia and KRX: Support of the Malaysia International Islamic Financial Centre’s Initiative aims to boost Growth of Islamic Finance Market- Event 19.11.2009

  
  FiNETIK - Financial Industry Networked Thinking - Asia and Latin America — Authority: 427
  The Korea Exchange (KRX) and Bursa Malaysia will be playing host to the Korean investment bankers, advisers, issuers and institutional investors at its inaugural KRX-Bursa Malaysia Islamic Capital Market Conference, which will be held on 19 November 2009 in Seoul, Korea. This conference which is co-organised in ...
  4 weeks ago

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