Waqf and Sukuk terminology : a comparative analysis study

الملخص EN

The purpose of this paper is to compare waqf with one of the most popular terms in Islamic finance that is sukuk which represents one of the most sophisticate instruments in Islamic capital market.

The paper engages in comparative analysis study with two terms by looking at their common features, differences and their unique characteristics to find a common ground to create an integrated hybrid structure that bring more value and innovation to waqf.

The present study focuses on sukuk term, by looking at its concept, terms, definition, characteristic, types, structure, in order to bridge the gap between the two terms, and further more develop waqf as product or instrument within the features of sukuk.