The Issuing of the Sukuk Framework in Afghanistan and Its Contribution to Economic Development

This article aims to provide an essential and significant proposal for the Sukuk issuance framework explore its necessity in Afghanistan, be Consistent with Shariah’s requirements light of other Muslim country's experiences, especially Malaysia. The problem is, how can Afghanistan increase economic development by issuing sukuk, struggle against poverty unemployment, what are advantages sukuk on financial dimension Afghanistan? is divided into two axes. Accordingly, first axis this focused general analysis contains Islamic worldview Sukuk, concept basic principles benefits common types securitization, most important distinctions between conventional bonds. second gives information regulatory framework, legal challenges, provides suggestions overcoming these obstacles as well. It investigates remarkable impact growth all aspects such (GDP) Gross Domestic Product, (GCF), Capital Formation, eradicating, unemployment reduction, obtaining independent system, prevention budget shortfalls, contribution development. data were collected from primary sources a questionnaire which has been conducted scholars experts financing, secondary resources books, publications, websites, official reports. Consequently, findings showed that financing will have extraordinary system like influences (SEAC) countries south Asia, (GCC) Gulf Cooperation Council countries, therefore searcher suggests securitization well