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Tag >> Kuwait
Aug 15

Restructuring: a new frontier in Islamic finance

Posted by nicklord in KuwaitIslamic finance



Islamic financial restructuring is proving to be a contradiction in terms. A number of issuers of Islamic debt have recently gone into default and a new frontier of Islamic financial restructuring is emerging. But the very nature of Islamic finance is proving inimical to an orderly restructuring process as seen in the West.

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