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IFSB unveils draft standards on capital adequacy & takaful

Published: 02/11/2012 08:25:02 AM GMT
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The minimum maturity of the sukuk should be five years, and it should not have step-up features, such as periodic increases in the rate of return, giving an incentive to the issuer to redeem it. (more)

The minimum maturity of the sukuk should be five years, and it should not have step-up features, such as periodic increases in the rate of return, giving an incentive to the issuer to redeem it.

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