PHI Group Inc (PHIL)

[Militia Man]

Did any one read the data.. The GCC is meeting on Monday.. ?? I suspect those M M s are about to Shiite their pants.. 2.1 billion shares traded today.. Deals being done? AMF? GCC? Do your DD.. It means that if one in the Sukuk, they invest $100 they never loose.. Watch this frkn stock fly.. lol DFs.. imo.. FOCUS ~ MM..

"A sukuk is an Islamic financial certificate, similar to a bond in Western finance, that complies with Islamic religious law commonly known as Sharia. Since the traditional Western interest-paying bond structure is not permissible, the issuer of a sukuk essentially sells an investor group a certificate, and then uses the proceeds to purchase an asset that the investor group has direct partial ownership interest in. The issuer must also make a contractual promise to buy back the bond at a future date at par value.
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