1.

Record Nr.

UNINA9910299637803321

Autore

Lahsasna Ahcene

Titolo

Forward Lease Sukuk in Islamic Capital Markets : Structure and Governing Rules / / by Ahcene Lahsasna, M. Kabir Hassan, Rubi Ahmad

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Palgrave Macmillan, , 2018

ISBN

3-319-94262-X

Edizione

[1st ed. 2018.]

Descrizione fisica

1 online resource (288 pages)

Disciplina

332.091767

Soggetti

Financial services industry

Capital market

Financial Services

Capital Markets

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Chapter 1. Introduction to Sukuk -- Chapter 2. An Overview of Islamic Capital Market (ICM) and Sukuk Industry -- Chapter 3. Sukuk in Islamic Capital Market -- Chapter 4. Types of Sukuk, Their Classification and Structure in Islamic Capital Market -- Chapter 5. Theory of Ijarah, Securitization and the Concept Financial Certificate -- Chapter 6. Forward Ijarah Sukuk: Concept, Issuance, Structuring and General Governing Rules -- Chapter 7. Major Principles, Terms and Conditions Governing Ijarah Sukuk Issuance as Practiced in the Islamic Capital Market -- Chapter 8. Forward Lease / Ijarah Sukuk: Issues, Challenges and Shariah Compliance -- Chapter 9. Sukuk Ijarah & Forward Lease Sukuk—Case Study -- Chapter 10. Conclusion, Recommendation and Policy Implication -- Appendix A. Securities Commission Malaysia Guidelines on Sukuk -- Appendix B. IFSB Requirements on Sukuk Issuance -- Appendix C. DFM Standard for Issuing, Acquiring and Tradin Sukuk -- Appendix D. Glossary.

Sommario/riassunto

This book focuses on forward lease sukuk, which is one of the most viable and dynamic Shari’ah-compliant instruments in the Islamic capital market. The idea of forward lease sukuk is to raise funds from non-existent assets whose subject matter does not exist at the time of the sukuk issuance. This book discusses the significant features of



forward lease sukuk and demonstrates its vital contribution to project construction and manufacturing within the expanding field of Islamic finance.