Title
Prospects and challenges of developing sukuk Islamic debt markets around the world
Date of this Version
1-1-2012
Document Type
Book Chapter
ISBN
9780857936202
Abstract
Extract: The first Malaysian sukuk as a new Islamic financial debt security was
issued as a private sector issue by Shell Company (M) Bhd, and raised
RM125 million (USS45 million) in 1990. However, sukuk had been
introduced earlier in Saudi Arabia and Pakistan back in the 1980s,
but the debut of the 1990 issue was after the institutional development
of the market for sukuk in several locations in the Middle East and
Southeast Asia, and which is now in major financial centres such as
in London and Zurich.
COinS
This document has been peer reviewed.
Publication Details
Citation only
Ariff, M., Iqbal, M., & Mohamad., S. (2012). Prospects and challenges of developing sukuk Islamic debt markets around the world.In M. Ariff, M. Iqbal & S. Mohamad (Eds.), The Islamic Debt Market for Sukuk Securities: The Theory and Practice of Profit Sharing Investment (pp 206-217). Cheltenham, UK: Edward Elgar Publishing
Access the publisher
2012 HERDC submission. FoR code: 150203
© Copyright Mohamed Ariff, Munwar Iqbal and Shamsher Mohamad, 2012