Publication:
Testing the financial distress prediction model for sukuk-issuing companies in Malaysia
DC Field | Value | |
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dc.contributor.author | Mohamad Shafi, Roslina | |
dc.contributor.author | Syed Mohd Zain, Syed Raihan | |
dc.contributor.author | Mohd Rasid, Mohamed Eskandar Shah | |
dc.contributor.author | Mydin Meera, Ahamed Kameel | |
dc.date.accessioned | 2017-09-19T14:22:47Z | |
dc.date.available | 2017-09-19T14:22:47Z | |
dc.date.issued | 2017 | |
dc.description.abstract | Similar to any type of financial asset, sukuk are vulnerable to macroeconomic conditions and business cycles. In 1999, there were a series of high-profile sukuk defaults globally that tarnised the market's confidence in sukuk. Among these were the East Cameron Partners (ECP), in which the company failed to pay the periodic returns that amounted to US$166 million (Zaheer and Wijnbergen, 2013). Nakheel Sukuk of Dubai are issued by the Gulf Cooperation Council (GCC) and Malaysian companies that include Johor Corporation, Ingress Sukuk Berhad, Tracoma Holdings Berhad and Nam Fatt Corporation Berhad. | en_US |
dc.identifier.citation | Mohamad Shafi, Roslina and Syed Mohd Zain, Syed Raihan and Mohd Rasid, Mohamed Eskandar Shah and Mydin Meera, Ahamed Kameel. (2017). Testing the financial distress prediction model for sukuk-issuing companies in Malaysia. In M. Kabir Hassan (Ed.), Handbook of empirical research on Islam and economic life (pp. 687-705). Cheltenham, United Kingdom: Edward Elgar Publishing Limited. | en_US |
dc.identifier.isbn | 9781784710729 | |
dc.identifier.uri | https://ikr.inceif.edu.my/handle/INCEIF/2679 | |
dc.language | English | |
dc.language.iso | eng | en_US |
dc.publisher | Edward Elgar Publishing Limited | en_US |
dc.rights | 2017. Edward Elgar Publishing Limited | |
dc.source | SEDONA | |
dc.subject | Financial distress Model | en_US |
dc.subject | Sukuk | en_US |
dc.subject | Islamic bonds | en_US |
dc.subject | Malaysia | en_US |
dc.title | Testing the financial distress prediction model for sukuk-issuing companies in Malaysia | en_US |
dc.type | Chapter in Book | en_US |
dlc.maintopic | Islamic capital markets | |
dlc.subtopic | Sukuk | |
dspace.entity.type | Publication | |
ikr.doctype | Scholarly Works | |
ikr.license | Available in physical copy only (Call Number: BP 173.75 H236) | |
ikr.topic.maintopic | Islamic capital markets | en_US |
ikr.topic.subtopic | Islamic capital markets | en_US |
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