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MIDEAST DEBT-Covered sukuk may meet demand for asset-backed structures

Published: 21/02/2013 11:25:02 AM GMT
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The Gatehouse sukuk works in a similar way; it incorporates a purchase undertaking by the bank that gives primary security to noteholders, while in case of default they have secondary security on the property, according to Farmida Bi, London-based .. (more)

The Gatehouse sukuk works in a similar way; it incorporates a purchase undertaking by the bank that gives primary security to noteholders, while in case of default they have secondary security on the property, according to Farmida Bi, London-based ...

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