He did not say whether the judgement would come later on Monday or in coming days. Dana is claiming it does not need to redeem the sukuk, which matured at the end of last month, because the instruments became invalid under UAE law.

Dana had asked for further postponement of the trial pending developments in a UAE court, where motions in the case have also been filed.

(Reporting by Emma Rumney and Davide Barbuscia, Writing by Andrew Torchia)