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Shirkah

Alberto Brugnoni, "Shariah governance at work: from asset-based to asset-back Sukuk", novembre 2008 - Articolo sull'evoluzione delle strutture dei Sukuk e sulla governance islamica

In November 2007 a renowned Shariah scholar issued a statement on the illegitimacy of those outstanding Sukuk issues underpinned by repurchase agreements (the so called Purchase Undertaking Deed) and where, as a consequence, risk and reward are not shared according to the actual venture proceeds. He vowed that it was time to review standards ...


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