The role of Islamic investment sukuk In the development of slums

<strong>These sukuk are documents of equal value representing common shares in ownership of property, utilities, services or assets in a specific project, after collecting the value of the Sukuk, closing the subscription door and starting using them for what they were issued for, and are issue...

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Main Authors: MUSTAFA AL NASRY, Bushra khled Alusef
Format: Article
Language:Arabic
Published: University of Mosul College of Law 2020-10-01
Series:الرافدین للحقوق
Subjects:
Online Access:https://alaw.mosuljournals.com/article_166833_2ee6d273191c9b723cc2eee05fa4dc93.pdf
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author MUSTAFA AL NASRY
Bushra khled Alusef
author_facet MUSTAFA AL NASRY
Bushra khled Alusef
author_sort MUSTAFA AL NASRY
collection DOAJ
description <strong>These sukuk are documents of equal value representing common shares in ownership of property, utilities, services or assets in a specific project, after collecting the value of the Sukuk, closing the subscription door and starting using them for what they were issued for, and are issued in the names of their owners in exchange for the money they provide to implement the project and exploit it and achieve the return for a period It is defined in the prospectus according to the principles and provisions of Islamic Sharia, and therefore it is an Islamic alternative free of interest, and it is the place of traditional bonds.</strong> <br /><strong>Many legislations have addressed this important tool in project financing, as in the Jordanian Islamic Finance Sukuk Law No. 30 of 2012 and the Tunisian Islamic Sukuk Law No. 30 of 2013, and it has been stipulated in the Iraqi Islamic Banking Law No. 43 of 2015 and Iraq is working to find a draft of controls in this regard from Accepted the Central Bank of Iraq since 2017, but it has not been issued yet.</strong>
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spelling doaj.art-c00a52db32704ecab01c8c79901958c42022-12-21T18:18:37ZaraUniversity of Mosul College of Lawالرافدین للحقوق1819-17461819-17462020-10-01227217720310.33899/alaw.2020.166833166833The role of Islamic investment sukuk In the development of slumsMUSTAFA AL NASRY0Bushra khled Alusef1collage of law, university of mosulکلیة الحقوق<strong>These sukuk are documents of equal value representing common shares in ownership of property, utilities, services or assets in a specific project, after collecting the value of the Sukuk, closing the subscription door and starting using them for what they were issued for, and are issued in the names of their owners in exchange for the money they provide to implement the project and exploit it and achieve the return for a period It is defined in the prospectus according to the principles and provisions of Islamic Sharia, and therefore it is an Islamic alternative free of interest, and it is the place of traditional bonds.</strong> <br /><strong>Many legislations have addressed this important tool in project financing, as in the Jordanian Islamic Finance Sukuk Law No. 30 of 2012 and the Tunisian Islamic Sukuk Law No. 30 of 2013, and it has been stipulated in the Iraqi Islamic Banking Law No. 43 of 2015 and Iraq is working to find a draft of controls in this regard from Accepted the Central Bank of Iraq since 2017, but it has not been issued yet.</strong>https://alaw.mosuljournals.com/article_166833_2ee6d273191c9b723cc2eee05fa4dc93.pdfislamic sukukslumsinvestmentlawfinancingbonds
spellingShingle MUSTAFA AL NASRY
Bushra khled Alusef
The role of Islamic investment sukuk In the development of slums
الرافدین للحقوق
islamic sukuk
slums
investment
law
financing
bonds
title The role of Islamic investment sukuk In the development of slums
title_full The role of Islamic investment sukuk In the development of slums
title_fullStr The role of Islamic investment sukuk In the development of slums
title_full_unstemmed The role of Islamic investment sukuk In the development of slums
title_short The role of Islamic investment sukuk In the development of slums
title_sort role of islamic investment sukuk in the development of slums
topic islamic sukuk
slums
investment
law
financing
bonds
url https://alaw.mosuljournals.com/article_166833_2ee6d273191c9b723cc2eee05fa4dc93.pdf
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