Dana Gas Declares Sukuks Unlawful

The video discusses the historical precedent of Sharia compliance issues during the global financial crisis, focusing on the Investment Dar case. It explores the legal implications of sukuk documentation, highlighting that non-compliance is not typically a default event. The video also analyzes market volatility, particularly in relation to Dana Gas, and considers the need for regulatory involvement to improve confidence and transparency in the sukuk market. The potential role of a central Sharia board in the UAE is also discussed.

What challenges are associated with sukuk structures in relation to Sharia compliance?

What potential regulatory involvement is suggested to improve the sukuk market?