International Property Investment » sukuk http://internationalpropertyinvestment.com Property Investment around the World - Buying Investment Properties Mon, 30 Apr 2012 18:28:08 +0000 en hourly 1 admin admin International Property Investment Blog No No Dubai Crash Update 01/12 http://internationalpropertyinvestment.com/dubai-crash-update-0112 http://internationalpropertyinvestment.com/dubai-crash-update-0112#comments Tue, 01 Dec 2009 16:43:20 +0000 admin http://internationalpropertyinvestment.com/?p=3615 Following the announcement on November 25 from the Dubai Government, property developer Nakheel said Monday it has asked for three of its listed Islamic bonds, or sukuk, on Nasdaq Dubai to be suspended until it is in a position to inform the market more fully. "Following the announcement on Wednesday Nov. 25 from the government of Dubai, Nakheel has today asked for all three of their listed sukuk to be suspended until it is in a position to fully inform the market," it said in a statement on the Nasdaq Dubai. Nakheel is one of two flag ship companies, along with Dubai World, which announced last week that they would seek a debt standstill agreement from creditors, until May 2010.

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