Publication:
Sukuk innovation needs to go further
DC Field | Value | |
---|---|---|
dc.contributor.author | Obiyathulla Ismath Bacha | |
dc.date.accessioned | 2020-07-10T05:35:18Z | |
dc.date.available | 2020-07-10T05:35:18Z | |
dc.date.issued | 2018 | |
dc.description.abstract | Sukuk, which is probably Islamic finance's most popular product, has of late gone through a fair bit of innovation. As opposed to their earlier structures which were nothing but Shariah-compliant straight debt, some of today's sukuk come with a variety of features. Broadly speaking, there are two broad thrusts in the innovation that have taken place. First, the use of embedded options for better risk management/proling. Second, innovation seeking to overcome limitations like the need for physical underlying assets. Though options - especially the exchange-traded variety - are still anathema to a majority of the fuqaha (Shariah scholars) fraternity, their use within sukuk structures appears to be booming. A wide range of sukuk, originating from diverse geographic jurisdictions, come with embedded options. | en_US |
dc.identifier.citation | Bacha, O. I. (2018). Sukuk innovation needs to go further. In The Malaysian Reserve, (1 October 2018). | en_US |
dc.identifier.uri | https://ikr.inceif.edu.my/handle/INCEIF/3268 | |
dc.language | English | |
dc.language.iso | eng | en_US |
dc.publisher | TMR Media Sdn Bhd | en_US |
dc.rights | 2018. TMR Media Sdn Bhd | |
dc.source | SEDONA | |
dc.subject | Sukuk | en_US |
dc.subject | Risk sharing | en_US |
dc.subject | Islamic finance | en_US |
dc.title | Sukuk innovation needs to go further | en_US |
dc.type | Newspaper Article | en_US |
dlc.maintopic | Islamic capital markets | en_US |
dspace.entity.type | Publication | |
ikr.doctype | Expert Insights | |
ikr.topic.maintopic | Islamic capital markets | en_US |
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relation.isAuthorOfPublication | 8e8de113-9c2e-4faf-8482-04f179564a0e | |
relation.isAuthorOfPublication.latestForDiscovery | 8e8de113-9c2e-4faf-8482-04f179564a0e | |
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