Authors : Essia Ries Ahmed, Md. Aminul Islam, Tariq Tawfeeq Yousif Alabdullah and Ku Halim Ku Ariffin
Abstract: The advantage of Sukuk is that they are compliant with shariah principles. Sukuk are therefore attractive investment instruments for Islamic financial institutions, shariah managed funds and takaful Islamic insurance companies that can not invest in conventional securities that involve payment of interest or riba. As well as there are an increasing number of Muslims of high net worth who want their asset holdings to comply with shariah rules. The main objective of this study is to elucidate and describe the significance of the pricing mechanisms and rating on Islamic Sukuk.
Essia Ries Ahmed, Md. Aminul Islam, Tariq Tawfeeq Yousif Alabdullah and Ku Halim Ku Ariffin, 2015. Islamic Sukuk: Pricing Mechanism and Rating. The Social Sciences, 10: 178-183.