Work

Islamic Sukuk: Pricing Mechanism and Rating

Year: 2014

Type: article

Abstract: The advantage of sukuk is that they are compliant with shariah principles. Sukuk are therefore attractive investment instruments for Islamic financial institutions, shariah managed funds and takaful Islamic insurance companies that cannot invest in conventional securities that involve payment of interest or riba. As well as there are an increasing number of Muslims of high net worth who want their asset holdings to comply with shariah rules. The main objective of this paper is to elucidate and describe the significance of the pricing mechanisms and rating on Islamic sukuk.

Source: RePEc: Research Papers in Economics

Authors: Essia Ries Ahmed, Md. Aminul Islam, Tariq Tawfeeq, Yousif Alabdullah

Institutions: Universiti Malaysia Perlis, University of Basrah

Language: English

Topic: Islamic Finance and Banking Studies

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W2159344062

FWCI: 5.668

Cites: 11

Cited by: 87

Related to: 10