Publication:
Islamic finance product structuring through Islamic securitization markets
Abstract
Islamic finance assets in several countries comprise significant part of the financial system. In these countries there are certain issues that are unique to the Islamic finance and are overlooked by stakeholders, most importantly regulators. This paper investigates that Islamic finance product structuring, through a chain effect, may influence the financial stability of the Islamic financial system in a country. This is demonstrated through the securitization chain of an Islamic Mortgage Backed Security (MBS) to show that Islamic product structuring decisions at the retail level have a chain impact on the investor base for an Islamic MBS deriving from the mortgage assets ...
Keywords
Islamic securities , Islamic Mortgage Backed Security (MBS) , Sukuk , Islamic bonds , Project paper (MIF)
Citation
Ashrafi, K. (2015). Islamic finance product structuring through Islamic securitization markets (Master dissertation). INCEIF, Kuala Lumpur. Retrieved from https://ikr.inceif.org/handle/INCEIF/2372
Publisher
INCEIF
Available in physical copy only (Call Number: t HG 4651 A827)