Despite the slippery slope described in a recent Wall Street Journal article (http://online.wsj.com/article/SB124510859262816907.html)
Standard Chartered Bank is urging companies to use Islamic bonds, also known as sukuk, for financing deals. These bonds have often proven illiquid, default at an alarming rate and produce subpar returns.
Why would an investor be interested in such an instrument?
http://www.bernama.com/bernama/v5/newsbusiness.php?id=419060
