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Need for pricing information to value sukuk securities

In: Risk and Regulation of Islamic Banking

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  • Meor Amri Ayob

Abstract

From a single product offering in 1963, the Islamic financial services industry has grown to an estimated $1.6 trillion in assets. Products must comply with profit and risk-sharing criteria and regulations preventing banks from venturing into activities with high risk and excessive uncertainty. This timely volume analyses these matters and considers the range of new products, discussing both conceptual and practical dimensions. It connects Islamic finance to the mainstream theoretical literature on financial intermediation while also exploring its differences. The expert contributors also examine why an ethical foundation is important and why the system requires well-thought-out regulations to ensure outcomes that protect the community’s well-being.

Suggested Citation

  • Meor Amri Ayob, 2014. "Need for pricing information to value sukuk securities," Chapters, in: Mervyn K. Lewis & Mohamed Ariff & Shamsher Mohamad (ed.), Risk and Regulation of Islamic Banking, chapter 10, pages 168-178, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15843_10
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    References listed on IDEAS

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    1. Mohamed Ariff & Ahmed M. Khalid, 2005. "Liberalization and Growth in Asia," Books, Edward Elgar Publishing, number 2909.
    2. Meysam Safari & M. Ariff & Shamsher M., 2013. "Do Debt Markets Price Sukuk and Conventional Bonds Differently? هل تُسَعِّر أسواق الدَّيْن الصكوك والسندات التقليدية بشكل مختلف؟," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 26(2), pages 113-149, July.
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