Debt market transactions in the Islamic financial system:the case of sukuk
 ABSTRACT: In recent years, secondary for sukuk has been booming with growth rates ranging between 10-12%. this paper we intend to analyze structure investment certificates that comply rules and economic principles Shari'ah. The markedly legal aspects instrument are therefore highlighted, first outlining general str...

Government Sukuk (SBSN) has been launched since 2008, but it assumed illiquid. Therefore, the Ministry of Finance in 2020 regulates primary dealer for SBSN. At same time, restrictions on mobility due to Covid-19 Pandemic triggered negative sentiment. It increased volatility capital market. Asymmetric occurs when market crash. The purpose this study is identify characteristics government sukuk r...

Sukuk is the fastest growing interest-free financial instrument in Islamic finance market recent years. The development of sukuk, an asset-backed securitization, and analysis barriers to it have been subject many international academic studies recently. purpose this article determine effects on sukuk issued by participation banks Turkey. In context, parameters 2015Q1-2021Q4 periods were analyze...

This study investigates the factors influencing intention to invest in Sukuk towards infrastructural development Nigeria. The used a quantitative research approach and obtained data through survey method online questionnaires. Data were Abuja, capital of Nigeria, from 163 investors potential Sukuk. result revealed that attitude, subjective norms, perceived behavioral control, religiosity have p...

The early models of Islamic banks are based on partnership of mudharaba and musharaka (profit-loss sharing) structure. Such equitybased financing are perceived to be superior to conventional financing from the standpoint of robustness to external shocks and from the standpoint of ethics, fairness and social justice. Where profit-loss sharing mechanisms cannot be used, Islamic banks provide othe...

Cash Waqf Linked Sukuk (CWLS) is a sukuk investment instrument published by the state called retail SBSN. CWLS as one of efforts Government to develop productive waqf in Indonesia. The innovation this project BI, Finance Ministry, Ministry State-Owned Enterprises, and BWI. objective based development increase its oprational value getting various parties involved. sharia financial sector that ne...