Keywords: Defaults
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Journal Articles
Qualitative Research in Financial Markets (2025) 17 (2): 292–311.
Published: 05 July 2024
...Sajjad Zaheer; Sweder van Wijnbergen Purpose This study aims to analyze three major defaults on Sukuk since 2007. These case studies make clear that, in most cases, the problems can be traced back to clauses and structures that made the Sukuk more like conventional bonds. The case studies...

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