Shariah principles of Sukuk structure in Islamic capital market / Norlela Kamaluddin ... [et al.]

Malaysia as the pioneer of Sukuk has captured the global Sukuk share market positively and has a successful track record in innovating and commercializing many shariah-compliant products. Nevertheless, the literatures on Sukuk are far than enough particularly its theoretical aspect. This paper expla...

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Main Authors: Kamaluddin, Norlela, Ab. Manan, Siti Khadijah, Sufian, Fadzlan, Nu Nu Htay, Shila
Format: Article
Language:English
Published: Academy of Contemporary Islamic Studies 2015
Subjects:
Online Access:http://ir.uitm.edu.my/id/eprint/13776/
http://ir.uitm.edu.my/id/eprint/13776/1/AJ_NORLELA%20KAMALUDDIN%20JCIS%2015.pdf
id uitm-13776
recordtype eprints
spelling uitm-137762020-03-11T05:51:16Z http://ir.uitm.edu.my/id/eprint/13776/ Shariah principles of Sukuk structure in Islamic capital market / Norlela Kamaluddin ... [et al.] Kamaluddin, Norlela Ab. Manan, Siti Khadijah Sufian, Fadzlan Nu Nu Htay, Shila Islam and economics Financial management. Business finance. Corporation finance Investment, capital formation, speculation Malaysia as the pioneer of Sukuk has captured the global Sukuk share market positively and has a successful track record in innovating and commercializing many shariah-compliant products. Nevertheless, the literatures on Sukuk are far than enough particularly its theoretical aspect. This paper explains the definition and importance of Sukuk and the comparison between Sukuk and bond. Furthermore, the shari'ah principles in structuring Sukuk, namely profit sharing principles of Mudarabah and Musharakah; sale based principles of Murabahah, Bay' Bithaman Ajil, Salam and Istisna' and hire purchase principle of Ijarah will be described. This paper indicates that a continuous innovative and creative Sukuk structures are needed in order to protect the sustainability of Islamic financial sources. Academy of Contemporary Islamic Studies 2015 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/13776/1/AJ_NORLELA%20KAMALUDDIN%20JCIS%2015.pdf Kamaluddin, Norlela and Ab. Manan, Siti Khadijah and Sufian, Fadzlan and Nu Nu Htay, Shila (2015) Shariah principles of Sukuk structure in Islamic capital market / Norlela Kamaluddin ... [et al.]. Journal of Contemporary Islamic Studies, 1. pp. 63-75. ISSN 2289-9634
repository_type Digital Repository
institution_category Local University
institution Universiti Teknologi MARA
building UiTM Institutional Repository
collection Online Access
language English
topic Islam and economics
Financial management. Business finance. Corporation finance
Investment, capital formation, speculation
spellingShingle Islam and economics
Financial management. Business finance. Corporation finance
Investment, capital formation, speculation
Kamaluddin, Norlela
Ab. Manan, Siti Khadijah
Sufian, Fadzlan
Nu Nu Htay, Shila
Shariah principles of Sukuk structure in Islamic capital market / Norlela Kamaluddin ... [et al.]
description Malaysia as the pioneer of Sukuk has captured the global Sukuk share market positively and has a successful track record in innovating and commercializing many shariah-compliant products. Nevertheless, the literatures on Sukuk are far than enough particularly its theoretical aspect. This paper explains the definition and importance of Sukuk and the comparison between Sukuk and bond. Furthermore, the shari'ah principles in structuring Sukuk, namely profit sharing principles of Mudarabah and Musharakah; sale based principles of Murabahah, Bay' Bithaman Ajil, Salam and Istisna' and hire purchase principle of Ijarah will be described. This paper indicates that a continuous innovative and creative Sukuk structures are needed in order to protect the sustainability of Islamic financial sources.
format Article
author Kamaluddin, Norlela
Ab. Manan, Siti Khadijah
Sufian, Fadzlan
Nu Nu Htay, Shila
author_facet Kamaluddin, Norlela
Ab. Manan, Siti Khadijah
Sufian, Fadzlan
Nu Nu Htay, Shila
author_sort Kamaluddin, Norlela
title Shariah principles of Sukuk structure in Islamic capital market / Norlela Kamaluddin ... [et al.]
title_short Shariah principles of Sukuk structure in Islamic capital market / Norlela Kamaluddin ... [et al.]
title_full Shariah principles of Sukuk structure in Islamic capital market / Norlela Kamaluddin ... [et al.]
title_fullStr Shariah principles of Sukuk structure in Islamic capital market / Norlela Kamaluddin ... [et al.]
title_full_unstemmed Shariah principles of Sukuk structure in Islamic capital market / Norlela Kamaluddin ... [et al.]
title_sort shariah principles of sukuk structure in islamic capital market / norlela kamaluddin ... [et al.]
publisher Academy of Contemporary Islamic Studies
publishDate 2015
url http://ir.uitm.edu.my/id/eprint/13776/
http://ir.uitm.edu.my/id/eprint/13776/1/AJ_NORLELA%20KAMALUDDIN%20JCIS%2015.pdf
first_indexed 2023-09-18T22:50:17Z
last_indexed 2023-09-18T22:50:17Z
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