Tamweel Bonds Show Skepticism Over Dubai Deal

Tamweel Bonds Show Skepticism Over Dubai Deal

Charles Crowell/Bloomberg

Tamweel’s 4.31 percent sukuk due in 2013 are the worst-performing Islamic bonds in the U.A.E. in the past five months after their yield surged 867 basis points, or 8.67 percentage points, since an April 13 low.