Islamic Finance
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New standards could have unintended risks to issuers
Dubai: Rating agency Standard & Poor’s has a positive view of the new requirements for Sharia governance and disclosures proposed by the AAOIFI. But analysts also see some unintended risks for the sukuk market from the proposed new standards. The proposal to keep the special-purpose vehicle (SPV) issuing the sukuk…
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Click here to read the full story: Gulf News