Publication:
Islamic finance insolvencies under secular bankruptcy laws: a case study of Arcapita Bank under US Chapter 11
DC Field | Value | |
---|---|---|
dc.contributor.author | Najeeb Zada | |
dc.contributor.author | Ahcene Lahsasna | |
dc.contributor.author | Muhammad Yusuf Saleem | |
dc.contributor.author | Ziyaad Mahomed | |
dc.date.accessioned | 2017-02-16T16:10:18Z | |
dc.date.available | 2017-02-16T16:10:18Z | |
dc.date.issued | 2017 | |
dc.description.abstract | Like many other financial institutions, Bahrain-based Arcapita Bank operating in the United States was hit hard by the Eurozne crisis that followed the global financial crisis. Unable to restructure its $1.1 billion debt obligations due in March 2013, the bank decided to file for Chapter 11 protection in the US Bankruptcy Court. This case study introduces Arcapita and its operations, explains the US Chapter 11 and its important aspects like debtor in possession (DIP) financing, highlights the most significant episodes of the Arcapita case, and concludes with important lessons embedded in the proceedings. Available in physical copy only (Call Number: HG 3368 A6 I82Na) | en_US |
dc.identifier.citation | Zada, N., Lahsasna, A., Mahomed, Z., & Saleem, M. Y. (2017). Islamic finance insolvencies under secular bankruptcy laws: a case study of Arcapitabank under US. In Nafis Alam & Syed Aun R. Rizvi (Eds.), Islamic banking: growth, stability and Inclusion (pp. 127-148). United Kingdom: Palgrave Macmillan. | en_US |
dc.identifier.isbn | 9783319459097 | |
dc.identifier.uri | https://ikr.inceif.edu.my/handle/INCEIF/2233 | |
dc.language | English | |
dc.language.iso | eng | en_US |
dc.publisher | Palgrave Macmillan | en_US |
dc.rights | 2017. Palgrave Macmillan | |
dc.source | SEDONA | |
dc.subject | Insolvency | en_US |
dc.subject | Chapter 11 | en_US |
dc.subject | DIP financing | en_US |
dc.subject | Shariah compliance | en_US |
dc.title | Islamic finance insolvencies under secular bankruptcy laws: a case study of Arcapita Bank under US Chapter 11 | en_US |
dc.type | Chapter in Book | en_US |
dlc.maintopic | Islamic banking | en_US |
dspace.entity.type | Publication | |
ikr.doctype | Scholarly Works | |
ikr.license | Available in physical copy only | |
ikr.topic.maintopic | Islamic banking | en_US |
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relation.isAuthorOfPublication.latestForDiscovery | 4f8b920e-6954-48c5-aa66-888d6fa99924 | |
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