LEADER 05351nam 2200685 450 001 9910818787903321 005 20230803205109.0 010 $a1-119-02923-6 010 $a1-118-94375-9 035 $a(CKB)3710000000237984 035 $a(EBL)1781842 035 $a(OCoLC)890531157 035 $a(SSID)ssj0001378165 035 $a(PQKBManifestationID)11812585 035 $a(PQKBTitleCode)TC0001378165 035 $a(PQKBWorkID)11338847 035 $a(PQKB)10765620 035 $a(MiAaPQ)EBC1781842 035 $a(Au-PeEL)EBL1781842 035 $a(CaPaEBR)ebr10929305 035 $a(CaONFJC)MIL651291 035 $a(EXLCZ)993710000000237984 100 $a20140917h20142014 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aSukuk securities $enew ways of debt contracting /$fMeysam Safari, Mohamed Ariff, Shamsher Mohamad 210 1$aSingapore :$cWiley,$d2014. 210 4$dİ2014 215 $a1 online resource (235 p.) 225 1 $aWiley Finance Series 300 $aDescription based upon print version of record. 311 $a1-322-20011-4 311 $a1-118-93787-2 320 $aIncludes bibliographical references and index. 327 $aSukuk Securities; Contents; Preface; Acknowledgments; List of Tables; List of Figures; About the Authors; PART ONE The Foundation of Sukuk Securities; CHAPTER 1 Introduction to Sukuk Markets; Islamic (Participation) Debt Securities; The Origin of Sukuk Structures; Contemporary Sukuk Securities; How Sukuk Securities Are Priced; The Structure of This Book; CHAPTER 2 Sukuk Securities: Definitions, Classification, and Pricing Issues; Fundamental Principles; Definitions and Regulations; Classification Based on Practices; Conclusion 327 $aCHAPTER 3 Pragmatic and Idealistic Approaches to Structuring Sukuk Shari'ah: The Basic Foundations of Islamic Finance and Sukuk; Sources of Shari'ah; Ijtihad; Islamic Financial Principles; Riba; Gharar; Three Approaches to Islamic Finance; The History of Sukuk; Sukuk Structures: Pragmatic and Idealistic Approaches; Shari'ah Requirements for Sukuk Structures; Sukuk Structures: A Pragmatic Approach; The AAOIFI Resolution: An Idealistic Approach; Conclusion; CHAPTER 4 Contract Design and the Structure of Common Sukuk Securities Issued to Date; Mudarabah (Partnership); Musharakah (Profit Sharing) 327 $aMurabahah (Markup)Ijarah (Leasing); Salam (Futures); Istisna (Working Capital); Conclusion; CHAPTER 5 Samples of Sukuk Issued; Sukuk Simpanan Rakyat (Malaysia); Central Bank of Bahrain; Khazanah Nasional Berhad (Malaysia); Qatar Central Bank; Nakheel Sukuk (UAE); Mahan Airline Company (Iran); Conclusion; CHAPTER 6 Contract Design and the Structure of Sukuk Securities Yet Issued; Wakalah (Agency); Manfaah (Usufruct); Muzarah (Farmland Leasing); Musaqah (Orchard Leasing); Muqarasah (Tree Leasing); Conclusion; CHAPTER 7 Sukuk Securities and Conventional Bonds 327 $aComparison of the Yields of Islamic Securities and Bonds Yield Curves; The Granger Causality Test for the Yields of Sukuk and Conventional Bonds; Conclusion; PART TWO Sukuk Securities in Practice; CHAPTER 8 Regulations with a Difference; Regulating Sukuk; The Accounting and Auditing Organization for Islamic Financial Institutions; The Islamic Financial Services Board; The International Islamic Financial Market; Conclusion; CHAPTER 9 Securitization, Trading, and Rating; Sukuk Trading; Sukuk Securitization as IPO; Disclosure; Special Purpose Company (SPC); Sukuk Rating Methodologies 327 $aStandard & Poor's Moody's; Fitch; RAM; MARC; Conclusion; CHAPTER 10 Worldwide Sukuk Markets; The Geographical Location of Sukuk Securities; Country of Domicile; Issuing-Country Risk; The Effect of Geographical Location on Contract Specifications; Conclusion; CHAPTER 11 Regulatory Issues for Sukuk Financial Products; The Current Sukuk Market; Regulation and Shari'ah Issues in the Current Sukuk Market; Current Sukuk Structures; Disclosures in the Current Sukuk Market; Do Regulators Have a Role in Sukuk Structures?; Market Supervision; Possible Developments and Implications 327 $aThe Extension of Sukuk to the Retail Market 330 $aThe essential guide to global sukuk markets worldwide Sukuk Securities provides complete information and guidance on the latest developments in the burgeoning sukuk securities markets. Written by leading Islamic finance experts, this essential guide offers insight into the concepts, design features, contract structures, yields, and payoffs in all twelve global sukuk markets, providing Islamic finance professionals with an invaluable addition to their library. The first book to fully introduce the market, this book provides a detailed overview of the sukuk market, with practical guidance toward 410 0$aWiley finance series. 606 $aInvestments$zIslamic countries 606 $aSecurities$zIslamic countries 615 0$aInvestments 615 0$aSecurities 676 $a332.6 700 $aSafari$b Meysam$01724773 702 $aAriff$b Mohamed 702 $aShamsher Mohamad 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910818787903321 996 $aSukuk securities$94127114 997 $aUNINA