Bond Cum Warrants: Can it shift up to the high gear of Sharia compliance?


Conventional Bond  These bonds are fundamentally  loan contracts;  it does not give the investor a share of ownership in the asset project or business. A bond with option rights is called a warrant bond. For a limited time, it confers the right to buy equity securities, such as shares, of the bond issuer at a predetermined price (exercise price). Once […]