How risky sukuk are: comparative analysis of risks associated with sukuk and conventional bonds

Recent issues of Islamic bonds were “welcomed” with broad criticism, both by Islamic scholars and conventional investors. Presented paper attempts to analyze sukuk-associated risks and problems, and review their competitiveness in the capital market. In doing so, it compares sukuk with its conventio...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Nanaeva, Zhamal K (author)
منشور في: 2010
الموضوعات:
الوصول للمادة أونلاين:http://bspace.buid.ac.ae/handle/1234/29
الوسوم: إضافة وسم
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الوصف
الملخص:Recent issues of Islamic bonds were “welcomed” with broad criticism, both by Islamic scholars and conventional investors. Presented paper attempts to analyze sukuk-associated risks and problems, and review their competitiveness in the capital market. In doing so, it compares sukuk with its conventional counterparts and conducts empirical analysis of the Value-at-Risk of both instruments in order to present potential sukuk investors with complete picture.