WestLB AG Cross-Border Sukuk Sukuk Summit London Branch David TestaLondon Page 721 June 2007 Expansion & Innovation Convertible issues  Dubai Ports Authority: US$3.5bn Musharaka Sukuk  Nakheel: US$3.52bn Pre-IPO Sukuk (including look-back rights) Exchangeable issues  Aabar Petroleum US$460m Sukuk issue  Mudarabah structure  Aldar Properties US$2.53bn Sukuk issue  Mudarabah structure Put and Call Options  SABIC US$8000m 20 year Sukuk issue with 5 year put  The Investment Dar US$150m Musharaka Sukuk due 2011  Put and call options at the end of year 3 Co-ownership structure  Sharjah Islamic Bank US$225m Sukuk Certificates due 2011  Co-ownership structure utilising assets in SIB's Islamic portfolio MTN Programmes  Sa'ad Group US$5bn programme  Others soon to follow… Securitisation  First significant issues awaited…
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