Sukuk securities, their definitions, classification and pricing issues

Mohamed Ariff, Meysam Safari, Mohamed Shamsher

Research output: Chapter in Book/Report/Conference proceedingChapterResearchpeer-review

3 Citations (Scopus)

Abstract

Extract: Islamic securities are specially tailored financial products that conform
to a given set of legal-common-law-based {shari'ah) financial transaction
principles, which are deemed strictly applied when designing financial con¬
tracting terms covering such products. These principles arc quite different
from those used in the design of conventional securities. The principles
guiding the design of these securities evolved over some two and a half
centuries without reference to such doctrine-based principles as are applied
in designing Islamic financial products in historical times.
Original languageEnglish
Title of host publicationThe Islamic Debt Market for Sukuk Securities
Subtitle of host publicationThe theory and practice of profit sharing investment
EditorsMohamed Ariff, Munawar Iqbal, Shamsher Mohamad
Place of PublicationCheltenham, UK
PublisherEdward Elgar Publishing
Pages11-41
Number of pages31
ISBN (Print)9780857936202
DOIs
Publication statusPublished - 2012

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Pricing
Financial products
Financial contracting
Common law

Cite this

Ariff, M., Safari, M., & Shamsher, M. (2012). Sukuk securities, their definitions, classification and pricing issues. In M. Ariff, M. Iqbal, & S. Mohamad (Eds.), The Islamic Debt Market for Sukuk Securities: The theory and practice of profit sharing investment (pp. 11-41). Cheltenham, UK: Edward Elgar Publishing. https://doi.org/10.4337/9780857936219.00011
Ariff, Mohamed ; Safari, Meysam ; Shamsher, Mohamed. / Sukuk securities, their definitions, classification and pricing issues. The Islamic Debt Market for Sukuk Securities: The theory and practice of profit sharing investment. editor / Mohamed Ariff ; Munawar Iqbal ; Shamsher Mohamad. Cheltenham, UK : Edward Elgar Publishing, 2012. pp. 11-41
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Ariff, M, Safari, M & Shamsher, M 2012, Sukuk securities, their definitions, classification and pricing issues. in M Ariff, M Iqbal & S Mohamad (eds), The Islamic Debt Market for Sukuk Securities: The theory and practice of profit sharing investment. Edward Elgar Publishing, Cheltenham, UK, pp. 11-41. https://doi.org/10.4337/9780857936219.00011

Sukuk securities, their definitions, classification and pricing issues. / Ariff, Mohamed; Safari, Meysam; Shamsher, Mohamed.

The Islamic Debt Market for Sukuk Securities: The theory and practice of profit sharing investment. ed. / Mohamed Ariff; Munawar Iqbal; Shamsher Mohamad. Cheltenham, UK : Edward Elgar Publishing, 2012. p. 11-41.

Research output: Chapter in Book/Report/Conference proceedingChapterResearchpeer-review

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N2 - Extract: Islamic securities are specially tailored financial products that conformto a given set of legal-common-law-based {shari'ah) financial transactionprinciples, which are deemed strictly applied when designing financial con¬tracting terms covering such products. These principles arc quite differentfrom those used in the design of conventional securities. The principlesguiding the design of these securities evolved over some two and a halfcenturies without reference to such doctrine-based principles as are appliedin designing Islamic financial products in historical times.

AB - Extract: Islamic securities are specially tailored financial products that conformto a given set of legal-common-law-based {shari'ah) financial transactionprinciples, which are deemed strictly applied when designing financial con¬tracting terms covering such products. These principles arc quite differentfrom those used in the design of conventional securities. The principlesguiding the design of these securities evolved over some two and a halfcenturies without reference to such doctrine-based principles as are appliedin designing Islamic financial products in historical times.

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A2 - Iqbal, Munawar

A2 - Mohamad, Shamsher

PB - Edward Elgar Publishing

CY - Cheltenham, UK

ER -

Ariff M, Safari M, Shamsher M. Sukuk securities, their definitions, classification and pricing issues. In Ariff M, Iqbal M, Mohamad S, editors, The Islamic Debt Market for Sukuk Securities: The theory and practice of profit sharing investment. Cheltenham, UK: Edward Elgar Publishing. 2012. p. 11-41 https://doi.org/10.4337/9780857936219.00011