Determinants of Sukuk rating: empirical analysis of asset-based and asset-backed Sukuk
The development of Sukuk market as the alternative to the existing conventional bond market has risen the issue of rating the Sukuk issuance. These credit rating fulfil a key function of information transmission in capital market. Moreover, basel Committee for Banking Supervision has now instituted...
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Format: | Monograph |
Language: | English |
Published: |
s.n
2013
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Subjects: | |
Online Access: | http://irep.iium.edu.my/38796/ http://irep.iium.edu.my/38796/ http://irep.iium.edu.my/38796/1/EDW_A12-521-1312.pdf |
Summary: | The development of Sukuk market as the alternative to the existing conventional bond market has risen the issue of rating the Sukuk issuance. These credit rating fulfil a key function of information transmission in capital market. Moreover, basel Committee for Banking Supervision has now instituted capital charges for credit risk based on credit ratings |
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