Are sukuk debt or equity? A classification of sukuk by regulatory bodies and credit rating agencies / Rafisah Mat Radzi and Nurul Aini Muhamed.
Sukuk (Islamic bonds) are the Shariah (Islamic law) instrument that serves as an alternative to conventional bonds that are used in the modern capital market. In theory, sukuk represent a form of equity as they represent certificates conferring ownership to holders of an asset or pool of assets or c...
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Universiti Teknologi Mara Selangor,
2019-05.
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