Islamic Finance
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Creditors tell High Court that Dana Gas sukuk get-out is "absurd"
A claim by Dana Gas that it does not have to pay back its Islamic bonds because they are no longer sharia-compliant is “absurd” as repayment under such a scenario is covered in the original paperwork, creditors told a London High Court. United Arab Emirates energy producer Dana Gas said…
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Click here to read the full story: Reuters