First Shariah-Compliant ABS From Russia To Hit Mart

24 Sep 2008

The first Shariah-compliant asset-backed securitization from Russia is in the works and is expected to close in the first quarter of 2009.

--Cristina Pittelli

The first Shariah-compliant asset-backed securitization from Russia is in the works and is expected to close in the first quarter of 2009. The $100-200 million deal from Deutsche Bank, which will be backed by Russian factoring receivables, is also thought to be the first Shariah-compliant deal originated ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial