Contractual Structures and Payoff Patterns of Sukūk Securities
This paper is about the six different Sukūk securities, which originated in 1990s, and are now traded in some 11 markets as the new debt-like securities classed under Islamic finance. The outstanding value of these contracts is estimated to be US $850 billion. This paper proposes a classification f...
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| Format: | Article |
| Language: | English |
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Universiti Utara Malaysia Press
2013
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| Online Access: | https://repo.uum.edu.my/id/eprint/24978/1/IJBF%2010%202%202013%2067%2093.pdf |