June 18, 2017

With all the commotion on Dana, I thought to give my two pennies worth.

Dana Gas is practically defaulting on the final two Sukuk “profit distributions” (coupons) although they’re citing sharia illegality. This is default risk triggered by sharia incompliance; this mean...

July 26, 2016

The 2007-2008 financial meltdown has brought much criticism, anger and a sense of distrust from the public towards financial institutions, especially the banks.  Flames from the meltdown began to simmer during the summer of 2007 when a few investment banks explicitly s...

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Dana Gas - the famous Sukuk case, camouflage or correction?

June 18, 2017

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