Tag Archives: Sukuk

AAOIFI enhances Shariah compliance and fiduciary ratings of Sukuk

In a new exposure draft (AGEB 2/2022 v.10.0) of the AAOIFI Governance Standard (GS), AAOIFI provided rating agencies with [...]

Sukuk innovation needs to go further

Think Piece By Prof. Dr. Obiyathulla Ismath Bacha Sukuk, which are probably Islamic Finance’s most [...]

Developing regional healthcare facilities in Maldives through mudharabah perpetual sukuk

Abstract The purpose of this paper is to identify the underlying issues of healthcare system [...]

View from practice: stock market reaction to sukuk credit rating changes in Malaysia

Abstract Documented evidence on conventional bond markets shows negative market reaction to bond credit rating [...]

Empirical evidence of risk shifting in bonds and debt-based sukuk: the case of Malaysian corporations

Abstract The purpose of this paper is to examine the extent of risk shifting behavior [...]

Sukuk Shehama

Sukuk Shehama is a financial instrument that has only recently emerged. It is a form of [...]

Making a case for GDP-linked sukuk

Sukuk may be the most popular product in Islamic finance. It may also have international [...]

Funding Development Without Debt

Growth and development cannot happen without adequate infrastructure. Yet,  with inadequate domestic savings and capital [...]

HK’s historic US$1 billion sovereign sukuk issuance

Hong Kong made history recently as far as Islamic finance was concerned. The Hong Kong [...]