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Lesson 13 of 25

The Dana Gas Sukuk Default Case

Sukuk: A Complete Course on Structuring and Documentation

The 2017 Dana Gas Sukuk default shook the Islamic finance world.
Discover how a $850 million Sukuk issuance led to legal battles across the UK and UAE.
What lessons were learned for future Sukuk structures.

We’ll cover:
✔️ Structure of the Sukuk
✔️ Key risks & reasons for default
✔️ English & Sharjah court rulings
✔️ Lessons for Islamic finance

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All lessons in this course

1Introduction2What Are Sukuk? A Deep Dive into Islamic FInance3What Is a Capital Market?4What is an Islamic Capital Market and Its Role5How Bonds Work? Global Bonds Market Outlook6History of Bonds7What Are Sukuk? History of Sukuk | Difference Between Bonds and Sukuk8Sukuk Assets | Criteria of Sukuk Assets9Sukuk Valuation | Tradability of Sukuk10Global Sukuk Market Outlook11An Introduction to the US and UK Capital Markets12Sukuk Distribution | Regulation S vs. Rule 144A13The Dana Gas Sukuk Default Case14Sukuk Al-Mudaraba | A Deep Dive into the Structure15Sukuk Al-Musharaka | A Deep Dive into the Partnership Structure16Sukuk Al-Murabaha | A Deep Dive into The ‘Cost-Plus’ Sukuk17Sukuk Al-Ijarah | A Deep Dive into the Lease Structure18Sukuk Al-Wakala | A Deep Dive into the Agency Structure19Recent Common Sukuk Structures | PIF and Egypt Sovereign Sukuk20Introduction to Waqf-Linked Sukuk21Types of Sukuk and Capital Market Offerings22Categories of Sukuk23The Role of Participants in a Sukuk Transaction24Process of Issuing a Sukuk25Shariah Governance: The Role of Governing Bodies