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Sukuk Securities, their Definitions, Classification and Pricing Issues

In: The Islamic Debt Market for Sukuk Securities

Author

Listed:
  • Mohamed Ariff
  • Meysam Safari
  • Shamsher Mohamed

Abstract

The relatively new sukuk (or Islamic debt securities) markets have grown to more than US $800 billion over the past decade, and continue to grow at a rate of around 20-30 per cent per year. Arguably the first of its kind, this path-breaking book provides a highly unique reference tool relating to key issues surrounding sukuk markets, which are found in 12 major financial centres, including Kuala Lumpur, London and Zurich.

Suggested Citation

  • Mohamed Ariff & Meysam Safari & Shamsher Mohamed, 2012. "Sukuk Securities, their Definitions, Classification and Pricing Issues," Chapters, in: Mohamed Ariff & Munawar Iqbal & Shamsher Mohamad (ed.), The Islamic Debt Market for Sukuk Securities, chapter 2, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14550_2
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    References listed on IDEAS

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    1. M. Kabir Hassan & Mervyn K. Lewis (ed.), 2007. "Handbook of Islamic Banking," Books, Edward Elgar Publishing, number 3621.
    2. Mohamed Ariff & Munawar Iqbal & Shamsher Mohamad (ed.), 2012. "The Islamic Debt Market for Sukuk Securities," Books, Edward Elgar Publishing, number 14550.
    3. Rodney Wilson, 2008. "Islamic Economics and Finance," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 9(1), pages 177-195, January.
    4. Muhammad Anwar, 1992. "Islamic Banking in Iran and Pakistan: A Comparative Study," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 31(4), pages 1089-1097.
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    Cited by:

    1. Abdi, Aisha Aden & Masih, Mansur, 2017. "Do macroeconomic variables affect stock–sukuk correlation in the regional markets? evidence from the GCC countries based on DOLS and FM-OLS," MPRA Paper 79753, University Library of Munich, Germany.
    2. Abubakar Jamilu Baita & Daud Mustafa, 2019. "Appraisal of Economic Benefits of Sukuk in Financing Budget Deficits in Nigeria تقييم الفوائد الاقتصادية للصكوك في تمويل عجز الميزانية في نيجيريا," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 32(1), pages 145-158, January.
    3. Lukman Hanif Arbi, 2021. "A Contract Theory Approach to Islamic Financial Securities with an Application to Diminishing Mushārakah," JRFM, MDPI, vol. 14(1), pages 1-12, January.

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