Risk of guarantee, addication and restitution in sovereign sukuk: a case study of sukuk of state of cote d'ivoire sukuk.

Recently, there have been notable trends in the Islamic financial industry in general and the sukuk industry particulary. Since then, many of the African, Western and Asians countries have issued Sukuk in their domestic and international financial market, because of economic benefits to both governm...

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Main Authors: Zakariyah, Habeebullah, Lansine, Syllah
Format: Article
Language:English
Published: USIM 2020
Subjects:
Online Access:http://irep.iium.edu.my/76255/
http://irep.iium.edu.my/76255/
http://irep.iium.edu.my/76255/1/76255%20-%20Risk%20of%20guarantee%2C%20addication%20and%20restitution.pdf
id iium-76255
recordtype eprints
spelling iium-762552019-12-12T06:59:41Z http://irep.iium.edu.my/76255/ Risk of guarantee, addication and restitution in sovereign sukuk: a case study of sukuk of state of cote d'ivoire sukuk. Zakariyah, Habeebullah Lansine, Syllah HG3368 Islamic Banking and Finance Recently, there have been notable trends in the Islamic financial industry in general and the sukuk industry particulary. Since then, many of the African, Western and Asians countries have issued Sukuk in their domestic and international financial market, because of economic benefits to both governments and the investors. In the light of this study, the article attempts to look at the extent the Sukuk of the state of Côte d'Ivoire whether or not was complied with the Islamic sovereign Sukuk norms and standards. Hence, in the purposes of studying these issues, the researcher puts focuses on the Cote d'Ivoire's Sukuk prospectus in studying shariah issues which some related to the contracts, agreements and the rights of investors which many countries failed to do so. In order to achieve this important study, the writer adopts analytical and explanatory method in data collection and evaluation, that with the use of contemporary Shar'iah standards. The research found out the shariah risk regarding the following matters the guarantee of investor's capital, such as the restitution of their right and the abdication of asset upon maturity. The study analyzes those issues based on the Islamic jurisprudential and scholarly thought. And the study stresses the need of reviewing the Sukuk structures to the aim in avoiding shariah violations that mostly resulting from the environment in which the sukuk are issued. USIM 2020-01-01 Article PeerReviewed application/pdf en http://irep.iium.edu.my/76255/1/76255%20-%20Risk%20of%20guarantee%2C%20addication%20and%20restitution.pdf Zakariyah, Habeebullah and Lansine, Syllah (2020) Risk of guarantee, addication and restitution in sovereign sukuk: a case study of sukuk of state of cote d'ivoire sukuk. AL-QANATIR INTERNATIONAL JOURNAL OF ISLAMIC STUDIES, 17 (1). pp. 1-28. E-ISSN 2289-9944 (In Press) http://al-qanatir.com/index.php/qanatir
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HG3368 Islamic Banking and Finance
spellingShingle HG3368 Islamic Banking and Finance
Zakariyah, Habeebullah
Lansine, Syllah
Risk of guarantee, addication and restitution in sovereign sukuk: a case study of sukuk of state of cote d'ivoire sukuk.
description Recently, there have been notable trends in the Islamic financial industry in general and the sukuk industry particulary. Since then, many of the African, Western and Asians countries have issued Sukuk in their domestic and international financial market, because of economic benefits to both governments and the investors. In the light of this study, the article attempts to look at the extent the Sukuk of the state of Côte d'Ivoire whether or not was complied with the Islamic sovereign Sukuk norms and standards. Hence, in the purposes of studying these issues, the researcher puts focuses on the Cote d'Ivoire's Sukuk prospectus in studying shariah issues which some related to the contracts, agreements and the rights of investors which many countries failed to do so. In order to achieve this important study, the writer adopts analytical and explanatory method in data collection and evaluation, that with the use of contemporary Shar'iah standards. The research found out the shariah risk regarding the following matters the guarantee of investor's capital, such as the restitution of their right and the abdication of asset upon maturity. The study analyzes those issues based on the Islamic jurisprudential and scholarly thought. And the study stresses the need of reviewing the Sukuk structures to the aim in avoiding shariah violations that mostly resulting from the environment in which the sukuk are issued.
format Article
author Zakariyah, Habeebullah
Lansine, Syllah
author_facet Zakariyah, Habeebullah
Lansine, Syllah
author_sort Zakariyah, Habeebullah
title Risk of guarantee, addication and restitution in sovereign sukuk: a case study of sukuk of state of cote d'ivoire sukuk.
title_short Risk of guarantee, addication and restitution in sovereign sukuk: a case study of sukuk of state of cote d'ivoire sukuk.
title_full Risk of guarantee, addication and restitution in sovereign sukuk: a case study of sukuk of state of cote d'ivoire sukuk.
title_fullStr Risk of guarantee, addication and restitution in sovereign sukuk: a case study of sukuk of state of cote d'ivoire sukuk.
title_full_unstemmed Risk of guarantee, addication and restitution in sovereign sukuk: a case study of sukuk of state of cote d'ivoire sukuk.
title_sort risk of guarantee, addication and restitution in sovereign sukuk: a case study of sukuk of state of cote d'ivoire sukuk.
publisher USIM
publishDate 2020
url http://irep.iium.edu.my/76255/
http://irep.iium.edu.my/76255/
http://irep.iium.edu.my/76255/1/76255%20-%20Risk%20of%20guarantee%2C%20addication%20and%20restitution.pdf
first_indexed 2023-09-18T21:47:47Z
last_indexed 2023-09-18T21:47:47Z
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