Publication:

Islamic finance insolvencies under secular bankruptcy laws: a case study of Arcapita Bank under US Chapter 11

Show simple item record
DC FieldValue
dc.contributor.authorNajeeb Zada
dc.contributor.authorAhcene Lahsasna
dc.contributor.authorMuhammad Yusuf Saleem
dc.contributor.authorZiyaad Mahomed
dc.date.accessioned2017-02-16T16:10:18Z
dc.date.available2017-02-16T16:10:18Z
dc.date.issued2017
dc.description.abstractLike 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.citationZada, 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.isbn9783319459097
dc.identifier.urihttps://ikr.inceif.org/handle/INCEIF/2233
dc.languageEnglish
dc.language.isoengen_US
dc.publisherPalgrave Macmillanen_US
dc.rights2017. Palgrave Macmillan
dc.sourceSEDONA
dc.subjectInsolvencyen_US
dc.subjectChapter 11en_US
dc.subjectDIP financingen_US
dc.subjectShariah complianceen_US
dc.titleIslamic finance insolvencies under secular bankruptcy laws: a case study of Arcapita Bank under US Chapter 11en_US
dc.typeChapter in Booken_US
dlc.maintopicIslamic bankingen_US
dspace.entity.typePublication
ikr.doctypeScholarly Works
ikr.licenseAvailable in physical copy only
ikr.topic.maintopicIslamic bankingen_US
relation.isAuthorOfPublication4f8b920e-6954-48c5-aa66-888d6fa99924
relation.isAuthorOfPublication4f8b920e-6954-48c5-aa66-888d6fa99924
relation.isAuthorOfPublication4f8b920e-6954-48c5-aa66-888d6fa99924
relation.isAuthorOfPublication.latestForDiscovery4f8b920e-6954-48c5-aa66-888d6fa99924
Appears in Collections
Chapter in Book
Files

Abstract View

2653798

View & Download

167867