Global ṣukūk and Islamic securitization market : : financial engineering and product innovation / / Muhammad al-Bashir Muhammad al-Amine.

The Sukūk market is the fastest growing segment of international finance. The study explores the dimension of this market, its growth globally and the main Sukūk markets. The liquidity in this market, the main currency denomination, the subscription diversification, the subprime crisis effects and t...

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Bibliographic Details
Superior document:Brill's Arab and Islamic law series, v. 6
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Place / Publishing House:Leiden ;, Boston : : Brill,, 2012.
Year of Publication:2012
Language:English
Series:Brill's Arab and Islamic laws series ; 6.
Physical Description:1 online resource (481 pages) :; illustrations, charts
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Summary:The Sukūk market is the fastest growing segment of international finance. The study explores the dimension of this market, its growth globally and the main Sukūk markets. The liquidity in this market, the main currency denomination, the subscription diversification, the subprime crisis effects and the dominant structures are elaborated. The difference between sovereign and corporate Sukūk, the benefits and reasons behind Sukūk issuance as well as the Sharī‘ah basis are analysed. Securitisation as the best way forward for Sukūk structuring is scrutinized. The study also discusses the various legal, Sharī‘ah, financial and operational risks facing Sukūk as well as the default controversies. Finally the book examines the methodologies in rating Sukūk and highlights the issues of Sukūk listing, Sukūk index and Sukūk fund.
Bibliography:Includes bibliographical references and index.
ISBN:1283356651
9786613356659
9004207449
ISSN:1871-2894 ;
Hierarchical level:Monograph
Statement of Responsibility: Muhammad al-Bashir Muhammad al-Amine.