chunk1

ABSTRACT. Islamic Sukuk (Islamic bonds) has recently emerged as one of the most important tools for Islamic investment and finance. Sukuks are influential and have effective impact on various economic and banking transactions to the extent that they have secured a strong foothold in the international money and stock markets. Today, Islamic sukuk is among the most successful financial product in the Islamic financial industry and one of the fastest-growing sectors in the global financial landscape. This research identifies the contemporary challenges that Islamic Sukuk has been facing. It contends that sukuk faces challenges on three fronts: sukuk as a market, development of sukuk, and sukuk mechanisms. pp. 44–59
JEL Codes: G12, R51, D53

Keywords: Islamic Sukuk (bonds); Islamic financing; conventional bonds; Shariah

How to cite: Ahmed, Essia Ries, MD. Aminul Islam, Ku Halim Bin Ariffin, MD. Moniruzzaaman (2014), “Contemporary Challenges and Prospects of Sukuk,” Journal of Self-Governance and Management Economics 1(4): 44–59.

ESSIA RIES AHMED
This email address is being protected from spambots. You need JavaScript enabled to view it.
Corresponding author
Universiti Malaysia Perlis, Malaysia
MD. AMINUL ISLAM
This email address is being protected from spambots. You need JavaScript enabled to view it.
Universiti Malaysia Perlis, Malaysia
KU HALIM BIN ARIFFIN
This email address is being protected from spambots. You need JavaScript enabled to view it.
Universiti Malaysia Perlis, Malaysia
MD. MONIRUZZAMAN
This email address is being protected from spambots. You need JavaScript enabled to view it.
International Islamic University Malaysia, Malaysia

Home | About Us | Sales | Author's Page | Journals | Abstracting & Indexing | Contributors | Books | Contact | Online Access

© 2009 Addleton Academic Publishers. All Rights Reserved.

 
Joomla templates by Joomlashine