Shari’ah principles of sukuk structure in Malaysia Islamic capital market
Malaysia as the pioneer of Sukuk has captured the global Sukuk’s share market in Islamic capital market tremendously and has played an important role for the remarkable development of Sukuk. Malaysia has a successful track record in innovating and commercializing many Shari’ah-compliant products. Th...
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Faculty Of Business Management, Uitm Terengganu
2012
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Online Access: | http://irep.iium.edu.my/28223/ http://irep.iium.edu.my/28223/1/SHARIAH_PRINCIPLE_OF_SUKUK_TIBECIII_5SEPT2012.pdf http://irep.iium.edu.my/28223/4/9.Shariah_Principles_of_Sukuk_Structure_in_Malaysia_Islamic_Capital_Market_Conference.pdf |
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iium-282232013-07-25T03:03:04Z http://irep.iium.edu.my/28223/ Shari’ah principles of sukuk structure in Malaysia Islamic capital market Kamaluddin, Norlela Ab. Manan, Siti Khadijah Sufian, Fadzlan Htay, Sheila HG4501 Stocks, investment, speculation Malaysia as the pioneer of Sukuk has captured the global Sukuk’s share market in Islamic capital market tremendously and has played an important role for the remarkable development of Sukuk. Malaysia has a successful track record in innovating and commercializing many Shari’ah-compliant products. The MICM product innovation and world first achievements from 1990 to 2008 are the evidence of important role and achievement of MICM domestically and globally, for instance the issuance of First Global Corporate Sukuk Ijarah in 2001. The Sukuk markets have used many shari’ah principles to facilitate their functions, namely; profit sharing principles of Mudarabah and Musharakah; sale based principles of Murabahah, Bai’ Bithaman Ajil, Salam and Istisna’; and hire purchase principle of Ijarah. Consequently, these principles are employed to develop the Sukuk market’s instruments such as Asset-Backed Securities - Islamic Medium-Term Notes (ABS-IMTN), Islamic Medium-Term Notes (IMTN) and Islamic Commercial Papers (ICP). Faculty Of Business Management, Uitm Terengganu 2012-10-18 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/28223/1/SHARIAH_PRINCIPLE_OF_SUKUK_TIBECIII_5SEPT2012.pdf application/pdf en http://irep.iium.edu.my/28223/4/9.Shariah_Principles_of_Sukuk_Structure_in_Malaysia_Islamic_Capital_Market_Conference.pdf Kamaluddin, Norlela and Ab. Manan, Siti Khadijah and Sufian, Fadzlan and Htay, Sheila (2012) Shari’ah principles of sukuk structure in Malaysia Islamic capital market. In: 3rd Terengganu International Business and Economics Conference 2012 (TIBEC 111), 18-20 Oct 2012, Primula Beach Hotel, Terengganu, Malaysia. (Unpublished) |
repository_type |
Digital Repository |
institution_category |
Local University |
institution |
International Islamic University Malaysia |
building |
IIUM Repository |
collection |
Online Access |
language |
English English |
topic |
HG4501 Stocks, investment, speculation |
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HG4501 Stocks, investment, speculation Kamaluddin, Norlela Ab. Manan, Siti Khadijah Sufian, Fadzlan Htay, Sheila Shari’ah principles of sukuk structure in Malaysia Islamic capital market |
description |
Malaysia as the pioneer of Sukuk has captured the global Sukuk’s share market in Islamic capital market tremendously and has played an important role for the remarkable development of Sukuk. Malaysia has a successful track record in innovating and commercializing many Shari’ah-compliant products. The MICM product innovation and world first achievements from 1990 to 2008 are the evidence of important role and achievement of MICM domestically and globally, for instance the issuance of First Global Corporate Sukuk Ijarah in 2001. The Sukuk markets have used many shari’ah principles to facilitate their functions, namely; profit sharing principles of Mudarabah and Musharakah; sale based principles of Murabahah, Bai’ Bithaman Ajil, Salam and Istisna’; and hire purchase principle of Ijarah. Consequently, these principles are employed to develop the Sukuk market’s instruments such as Asset-Backed Securities - Islamic Medium-Term Notes (ABS-IMTN), Islamic Medium-Term Notes (IMTN) and Islamic Commercial Papers (ICP). |
format |
Conference or Workshop Item |
author |
Kamaluddin, Norlela Ab. Manan, Siti Khadijah Sufian, Fadzlan Htay, Sheila |
author_facet |
Kamaluddin, Norlela Ab. Manan, Siti Khadijah Sufian, Fadzlan Htay, Sheila |
author_sort |
Kamaluddin, Norlela |
title |
Shari’ah principles of sukuk structure in Malaysia Islamic capital market |
title_short |
Shari’ah principles of sukuk structure in Malaysia Islamic capital market |
title_full |
Shari’ah principles of sukuk structure in Malaysia Islamic capital market |
title_fullStr |
Shari’ah principles of sukuk structure in Malaysia Islamic capital market |
title_full_unstemmed |
Shari’ah principles of sukuk structure in Malaysia Islamic capital market |
title_sort |
shari’ah principles of sukuk structure in malaysia islamic capital market |
publisher |
Faculty Of Business Management, Uitm Terengganu |
publishDate |
2012 |
url |
http://irep.iium.edu.my/28223/ http://irep.iium.edu.my/28223/1/SHARIAH_PRINCIPLE_OF_SUKUK_TIBECIII_5SEPT2012.pdf http://irep.iium.edu.my/28223/4/9.Shariah_Principles_of_Sukuk_Structure_in_Malaysia_Islamic_Capital_Market_Conference.pdf |
first_indexed |
2023-09-18T20:41:43Z |
last_indexed |
2023-09-18T20:41:43Z |
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