Ibrahim Sani's Notepad: Garuda Sukuk Default

Jul 13, 2021, 03:25 PM

The June 2021 default by Indonesian airline, PT Garuda Indonesia, on its USD500 million sukuk could provide clarity on sukuk restructuring, resolution and enforceability in the country. Ibrahim Sani speaks with Bashar Al Natoor, Fitch Rating's Global Head of Islamic Finance on this.