Comment & Analysis
Islamic Finance
Uncategorized
Why Dana Gas declared its own sharia-compliant bonds unlawful
A decision by a Middle Eastern gas producer to declare its own sharia-compliant bonds unlawful has baffled investors in the Islamic finance industry. Sharjah-based Dana Gas said on Tuesday it no longer considered its two Islamic bonds totalling $700m issued four years ago as sharia compliant under United Arab Emirates…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Business Live