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ICIEC looks to secure sukuk

09 November 2011

ICIEC chief executive aims to structure fund for third party sukuk guarantees.

Read more: multilateral credit insurer development bank ICIEC sukuk securitisation AAOIFI Musharaka Mudaraba

After the Shariah Advisory Committee of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) criticised the guaranteeing of Musharaka and Mudaraba sukuk in 2007, the global sukuk market suffered.

Now, in an interview with Arab News, Abdel Rahman Taha, the chief executive officer of ICIEC,...


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