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On November 25, 2009, the financial world was shocked when Dubai World requested a restructuring of its debts. Much disturbance in capital markets was caused. The main concern of the ‘Dubai Debt Crisis' was the delay in repayment of a the Nakheel Sukuk, an Islamic financial instrument. This...
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Economy Report (2018-19), United Arab Emirates (UAE) is ranked second among Islamic economies and Nasdaq Dubai is credited to … expansion of sukuk issuances and the fills the lacuna in research carried out in the UAE bond market.We empirically tested our … hypotheses on a dataset that covered a sample of 1354 bond issuances over the period 2008 to 2019. We used a logistic regression …
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