CHECK THESE SAMPLES OF Development of Sukuk in the Middle East
This implies that the issuer guarantees to give back the principal amount invested the bond after a certain period regardless of how the investment performs.... The interest payment can be on a fixed rate whereby a fixed interest is paid periodically for the life of the bond or floating interest whereby the interest rate is determined periodically.... According to Sharma (2007), “it is an obligation of the issuer to repay the principal amount in lump sum upon the maturity of the bond....
13 Pages
(3250 words)
Essay
Firstly, the bond holders' ownership of Enterprise Assets clearly distinguish these Sukuks from interest-based bonds.... sukuk and Screening of Stocks: The article titled sukuk and their Contemporary Applications by Muhammad Taqi Usmani is a report of issues in relation to the “compliance of sukuk with the precepts of the Shariah.... ?? sukuk, which can loosely be translated as 'financial certificates' in common economic parlance, is a crucial instrument in Islamic banking procedures....
3 Pages
(750 words)
Essay
Name Professor Course Date News Portfolio Marketing Environment of the Financial Services Industry 1 The Dubai International Finance Centre (DIFC): Amending Law No.... 7 The DIFC is the first UAE'S monetary free zone with determined targets to advance Dubai's economic accretion and improve dependence on oil revenues....
6 Pages
(1500 words)
Essay
sukuk are one of the most popular products.... sukuk are one of the products that helped products from the ‘Islamic financing' genre in becoming an emergent and a very significant vehicle of finance n the global markets This chapter aims to provide a through insight into the research that has been conducted regarding regulation and securitization involving sukuk.... The chapter aims to elaborate the structure of the sukuk markets and the processes that go into issuing sukuk and summarize....
20 Pages
(5000 words)
Essay
hus, sukuk differs from a traditional debt instrument or conventional bond which is a guarantee to settle a loan in a way that sukuk is supposed to constitute an ownership of a debt.... It is because sukuk as a bond can assume the form of a debt certificate and its mode of finance has the characteristic “similar to those of a conventional bond, but is structured so as to be compliant with Shari'a law and can be sold to Islamic investors who are prohibited by Shari'a law from investing in securities” (Kettel nd)....
4 Pages
(1000 words)
Essay
The concept and the ure of Sukuk has been introduced and developed because the structure of payment of bond on the basis of western method is not allowed or permissible in Arabian countries.... The structure of sukuk mainly complies with the Islamic religious law which is known as Sharia.... sukuk is considered as financial certificate of Arab.... sukuk is a.... The issuer of sukuk enters into a contractual agreement or promises to buy back the bonds at a par value on future date....
12 Pages
(3000 words)
Research Paper
In THE Cameroon Partners: THE Sukuk Bond Affiliation The East Cameroon Partners: The Sukuk Bond The East Cameroon Partners is an oil and gas company that was founded by father and son.... The solution is the use of Sukuk Bond.... However, Evans was not certain of how the Sukuk Bond works.... In conclusion, it is highly recommended that before entering into an agreement with Sukuk Bond financier.... Alternatively, Evans can hire a lawyer with an Islamic background to help his analyse the Sukuk Bond....
2 Pages
(500 words)
Essay
The DIFC is the first UAE'S monetary free zone with determined targets to advance Dubai's economic accretion and improve dependence on oil revenues.... This is through diversifying and enhancing the expansion of banking and pecuniary sectors.... It is the monetary and business.... ... ... The paper 'Marketing Environment of the Financial Services Industry' is an intriguing example of a finance & accounting case study....
6 Pages
(1500 words)
Case Study