Sukuk : a critique of experience, and their possible developmental role in Muslim countries
Author
Abd al-Rahman, Abd al-Rahman Yusri Ahmad
Source
International Journal of Islamic Economics and Finance Studies
Issue
Vol. 5, Issue 1 (31 Mar. 2019), pp.1-19, 19 p.
Publisher
Centre of Political Economical and Social Research
Publication Date
2019-03-31
Country of Publication
Turkey
No. of Pages
19
Main Subjects
Topics
Abstract EN
The article focuses on Sukuk, in the framework of Islamic finance and its possible role in the economic development of the Muslim world.
Sukuk, as a new financial instrument, opened doors, since 2001-002, for drawing funds from international sources.
The article, firstly, pinpoints incorrect practices in Sukuk experience (2001-17), which ought to be removed, in order to ensure the Islamic authenticity of such an instrument.
Secondly, we search possibilities of employing genuine Islamic Sukuk in ways that would maximize their role in financing the development of Muslim countries.
Some proposals are presented for how Sukuk can possibly support the investment activities of SMEs, as well as opening new avenues for financing promising business ventures and corporates in industrial and service sectors.
American Psychological Association (APA)
Abd al-Rahman, Abd al-Rahman Yusri Ahmad. 2019. Sukuk : a critique of experience, and their possible developmental role in Muslim countries. International Journal of Islamic Economics and Finance Studies،Vol. 5, no. 1, pp.1-19.
https://search.emarefa.net/detail/BIM-890564
Modern Language Association (MLA)
Abd al-Rahman, Abd al-Rahman Yusri Ahmad. Sukuk : a critique of experience, and their possible developmental role in Muslim countries. International Journal of Islamic Economics and Finance Studies Vol. 5, no. 1 (Mar. 2019), pp.1-19.
https://search.emarefa.net/detail/BIM-890564
American Medical Association (AMA)
Abd al-Rahman, Abd al-Rahman Yusri Ahmad. Sukuk : a critique of experience, and their possible developmental role in Muslim countries. International Journal of Islamic Economics and Finance Studies. 2019. Vol. 5, no. 1, pp.1-19.
https://search.emarefa.net/detail/BIM-890564
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 17-19
Record ID
BIM-890564