Matches in SemOpenAlex for { <https://semopenalex.org/work/W2332662413> ?p ?o ?g. }
Showing items 1 to 69 of
69
with 100 items per page.
- W2332662413 abstract "In a global economy, not all economic units are following the same socio-economic regime, but a predominant majority is pursuing a capitalistic economic system, propagating a free market economy, with checks and balances and a good number of welfare state economies. The socio-economic system of Islam too espouses a market economy but with a system of rights and responsibilities from the smallest or weakest element to the largest and strongest socio-economic unit/s. The regulatory system of Islam, called the Sharia’h defines the nature and sphere of activities of this socio-economic system.Innovations in Finance create new products in an effort to provide better solutions to the market. Some time passes before the products’ total, real impact is felt and understood by the stakeholders and the economy. As innovators do attempt to beat or sideline the given regulations and make room for their own interests to be fulfilled, it becomes necessary to evaluate products for their true worth and meaning. This is made possible through application of regulatory clauses as well as evaluation of regulations, as new products often attempt to beat regulations. This is why it becomes all the more important to study together products and their regulatory issues, particularly discussing the products’ impact on all stakeholders and the socio-economic system, as in this research.This research work analyses sukuk structures as products of Islamic Finance and tests whether they are Sharia’h compatible products or just another name for a type of conventional bonds. It tests the sukuk attributes in comparison to the Sharia’h objectives of Islamic Finance, as given in the AAOIFI Sharia’ Standards. It further tests sukuk in terms of conventional structured finance. It assesses whether sukuk transfer risk from the originator to sukuk holders or not, applying the relevant securitisation clauses of the International regulations for Financial Institutions, given by Basel II regulatory report.The results of the analyses shall clarify the position of the sukuk according to the Sharia’ Standards as well as the Basel II regulations. It throws light on the possible application of sukuk by Islamic finance Institutions particularly due to the securitisation and fund generating attributes of the sukuk.The study provides important insight into the sukuk structures through the above-mentioned synthesis. While some aspects of the sukuk comply with the AAOIFI Sharia’ standards, there are others that do not. While it was expected of the sukuk as Islamic finance products, to transfer risk from originators to the sukuk holders, this was proved incorrect. This research has implications for further product development, design and usage as well as development of Sharia’ Standards and International regulations within the prerequisites of the Sharia’h requirements." @default.
- W2332662413 created "2016-06-24" @default.
- W2332662413 creator A5006622096 @default.
- W2332662413 date "2010-01-01" @default.
- W2332662413 modified "2023-09-23" @default.
- W2332662413 title "Sukuk: structual Analysis for Shariah and Regulatory Implication in Islamic Financial Intermediation" @default.
- W2332662413 hasPublicationYear "2010" @default.
- W2332662413 type Work @default.
- W2332662413 sameAs 2332662413 @default.
- W2332662413 citedByCount "0" @default.
- W2332662413 crossrefType "dissertation" @default.
- W2332662413 hasAuthorship W2332662413A5006622096 @default.
- W2332662413 hasConcept C10138342 @default.
- W2332662413 hasConcept C121955636 @default.
- W2332662413 hasConcept C136264566 @default.
- W2332662413 hasConcept C138885662 @default.
- W2332662413 hasConcept C144133560 @default.
- W2332662413 hasConcept C162324750 @default.
- W2332662413 hasConcept C168702047 @default.
- W2332662413 hasConcept C27206212 @default.
- W2332662413 hasConcept C2776985281 @default.
- W2332662413 hasConcept C2779143981 @default.
- W2332662413 hasConcept C2991718497 @default.
- W2332662413 hasConcept C34447519 @default.
- W2332662413 hasConcept C4445939 @default.
- W2332662413 hasConcept C69738904 @default.
- W2332662413 hasConcept C73283319 @default.
- W2332662413 hasConceptScore W2332662413C10138342 @default.
- W2332662413 hasConceptScore W2332662413C121955636 @default.
- W2332662413 hasConceptScore W2332662413C136264566 @default.
- W2332662413 hasConceptScore W2332662413C138885662 @default.
- W2332662413 hasConceptScore W2332662413C144133560 @default.
- W2332662413 hasConceptScore W2332662413C162324750 @default.
- W2332662413 hasConceptScore W2332662413C168702047 @default.
- W2332662413 hasConceptScore W2332662413C27206212 @default.
- W2332662413 hasConceptScore W2332662413C2776985281 @default.
- W2332662413 hasConceptScore W2332662413C2779143981 @default.
- W2332662413 hasConceptScore W2332662413C2991718497 @default.
- W2332662413 hasConceptScore W2332662413C34447519 @default.
- W2332662413 hasConceptScore W2332662413C4445939 @default.
- W2332662413 hasConceptScore W2332662413C69738904 @default.
- W2332662413 hasConceptScore W2332662413C73283319 @default.
- W2332662413 hasLocation W23326624131 @default.
- W2332662413 hasOpenAccess W2332662413 @default.
- W2332662413 hasPrimaryLocation W23326624131 @default.
- W2332662413 hasRelatedWork W1601991634 @default.
- W2332662413 hasRelatedWork W1606427053 @default.
- W2332662413 hasRelatedWork W2062456793 @default.
- W2332662413 hasRelatedWork W2216397123 @default.
- W2332662413 hasRelatedWork W2245030050 @default.
- W2332662413 hasRelatedWork W2336902269 @default.
- W2332662413 hasRelatedWork W255951984 @default.
- W2332662413 hasRelatedWork W2559525974 @default.
- W2332662413 hasRelatedWork W2576081460 @default.
- W2332662413 hasRelatedWork W2758446428 @default.
- W2332662413 hasRelatedWork W2991198148 @default.
- W2332662413 hasRelatedWork W2994138014 @default.
- W2332662413 hasRelatedWork W3004986707 @default.
- W2332662413 hasRelatedWork W3163063876 @default.
- W2332662413 hasRelatedWork W3165352383 @default.
- W2332662413 hasRelatedWork W3172177760 @default.
- W2332662413 hasRelatedWork W3201142951 @default.
- W2332662413 hasRelatedWork W3201202105 @default.
- W2332662413 hasRelatedWork W2183237498 @default.
- W2332662413 hasRelatedWork W2739828189 @default.
- W2332662413 isParatext "false" @default.
- W2332662413 isRetracted "false" @default.
- W2332662413 magId "2332662413" @default.
- W2332662413 workType "dissertation" @default.