Islamic Finance Body Delays Rule Shift After Investor Warnings

The global authority for Islamic finance is holding off on a planned change to rules for sukuk securities after an outcry from investors that the move would upend the $1...

By Srinivasan Sivabalan · Bloomberg Markets

The global authority for Islamic finance is holding off on a planned change to rules for sukuk securities after an outcry from investors that the move would upend the $1 trillion market.