Publication:
Are Sukuk Debt Or Equity? A Classification Of Sukuk By Regulatory Bodies And Credit Rating Agencies

dc.contributor.authorRafisah Mat Radzien_US
dc.contributor.authorNurul Aini Muhameden_US
dc.date.accessioned2024-05-27T14:39:00Z
dc.date.available2024-05-27T14:39:00Z
dc.date.issued2019
dc.date.submitted21/2/2020
dc.descriptionVolume :7 No:2en_US
dc.description.abstractSukuk (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 claim to its cash flows. In practice, they have become known as Islamic bonds with their investors holding debt. Following the question of whether sukuk are debt or equity, this paper aims to classify sukuk from the perspective of regulatory bodies and credit rating agencies. Furthermore, to what extent the innovations in this Islamic instrument make it differ substantially from conventional bonds in practice will be examined.en_US
dc.identifier.citationRadzi, R., & Muhamed, N. (2019). Are sukuk debt or equity? A classification of sukuk by regulatory bodies and credit rating agencies. Journal Of Emerging Economies And Islamic Research, 7(2), 75-84. doi:10.24191/jeeir.v7i2.8767en_US
dc.identifier.doi10.24191/jeeir.v7i2.8767
dc.identifier.epage81
dc.identifier.issn2289-2559
dc.identifier.issue2
dc.identifier.spage72
dc.identifier.urihttp://myjms.mohe.gov.my/index.php/JEEIR/article/view/8767
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/3528
dc.identifier.volume7
dc.language.isoen_USen_US
dc.publisherUiTM Pressen_US
dc.relation.ispartofJournal of Emerging Economies & Islamic Researchen_US
dc.subjectsukuk(Islamic bonds) ,Shariah(Islamic law), equity, debten_US
dc.titleAre Sukuk Debt Or Equity? A Classification Of Sukuk By Regulatory Bodies And Credit Rating Agenciesen_US
dc.typeArticleen_US
dspace.entity.typePublication

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