Dubai's new sukuk standards explained.

• Autores: Latham Watkins, Nomaan Raja, Basil Al-Jafari
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 33, Nº. 5 (Jun2014), 2014
• Idioma: inglés
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• Resumen

  • The article explains the issuing and trading standards issued by the Dubai Financial Market's (DFM) Shari'ah and Fatwa Supervisory Board in Dubai, United Arab Emirates (UAE) as part of a strategy to increase global investors's confidence in sukuk structures. It discusses the requirements set out by the standards including for special purpose vehicle, sukuk issuance approval, prizes in respect of investment sukuk, the prospectus prepared in relation to a sukuk issuance, and sukuk guarantees