Publication:
Structuring forward lease sukuk in Islamic capital market
Abstract
The forward lease nature is normally a combination of ijarah and istisna; where the outcome will be in a form of tangible or intangible asset that can be the subject matter of business transactions. Many assets in the market can be designed based on forward lease such as airplane, ships, residential or commercial building, and the like. The forward lease is regarded as innovative structure with special feature that contributes significantly to the expansion and evolution of the Islamic finance market. Below discussion is briefly illustration on the concept of forward lease and its structuring in the Islamic capital market.
Keywords
Ijarah , Istisna , Forward lease , Sukuk , Islamic capital market
Citation
Lahsasna, Ahcene and Ahmad, Rubi. (2017). Structuring forward lease sukuk in Islamic capital market. IF Hub, 4 (May 2017), pp. 10-15.
Publisher
INCEIF
DOI
Files
IFHubEd4_structuring_forward_lease_sukuk_islamic_capital_market_ahcene.pdf
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