Islamic Finance
Legal
Regulation, Risk & Compliance
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Abu Dhabi judge rules in favour of Dubai Islamic Bank in NMC case
A judge in Abu Dhabi ruled in favour of Dubai Islamic Bank and against the administrators of NMC, in a case that could complicate the private healthcare firm's multi-billion-dollar debt restructuring. NMC ran into trouble last year after the disclosure of more than $4 billion in hidden debt and its…
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