East Cameron Gas Sukuk: The Dawn of a New Frontier

This report assesses the East Cameron Partners’ attempts to operate a large oil and gas company using Islamic finance principles. The report hails the venture as the “first Sukuk offering backed by US oil and gas assets,” and discusses ṣukūk as a viable means to gain an “alternative source of funding” in energy-rich areas.

Source: Abdel, Aymen H. “East Cameron Gas Sukuk: The Dawn of a New Frontier.” Islamic Finance News, 2006. http://www.islamicfinancenews.com/newsletter-issue/deals-year-2006 (accessed April 27, 2015).

Read the report.