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Muqarada |
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Muqarada In Islamic finance, a way to structure a bond for which bondholders are entitled to cash flow from the project that the bond intends to finance. Unlike conventional bonds, however, muqarada "coupons" are not guaranteed and the bondholder takes a risk that the project will not generate cash flow. Holders are only entitled to cash flow as it becomes available. See also: Sukuk. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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No references found | The total assets of the bank, including the managed accounts (restricted investment accounts, Muqarada bonds and investment by proxy accounts) amounted to about $3. |
Muqarada |
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