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Forward Lease Sukuk in Islamic Capital Markets Ahcene Lahsasna

Forward Lease Sukuk in Islamic Capital Markets By Ahcene Lahsasna

Forward Lease Sukuk in Islamic Capital Markets by Ahcene Lahsasna


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Summary

This book focuses on forward lease sukuk, which is one of the most viable and dynamic Shariah-compliant instruments in the Islamic capital market. The idea of forward lease sukuk is to raise funds from non-existent assets whose subject matter does not exist at the time of the sukuk issuance.

Forward Lease Sukuk in Islamic Capital Markets Summary

Forward Lease Sukuk in Islamic Capital Markets: Structure and Governing Rules by Ahcene Lahsasna

This book focuses on forward lease sukuk, which is one of the most viable and dynamic Shariah-compliant instruments in the Islamic capital market. The idea of forward leasesukukis to raise funds from non-existent assets whose subject matter does not exist at the time of thesukukissuance. This book discusses the significant features of forward lease sukuk and demonstrates its vital contribution to project construction and manufacturing within the expanding field of Islamic finance.



About Ahcene Lahsasna

Ahcene Lahsasna is currently Vice President of Research & Publication at the Malaysian Financial Planning Council (MFPC) and Academic Director of the Singapore Islamic Finance Academy (SIFA). Previously, he was an Associate Professor at the International Centre for Education in Islamic Finance (INCEIF) Malaysia, also known as the Global University of Islamic Finance. Professor Lahsasna is a registered Shariah Advisor at Bank Negara Malaysia and Securities Commission Malaysia. He acts as a Shariah Advisor for Islamic banking, Islamic capital market, Takaful, and Re-Takaful locally and internationally.

M. Kabir Hassan is Professor of Finance in the Department of Economics and Finance at the University of New Orleans, USA where he currently holds two endowed ChairsHibernia Professor of Economics and Finance and Bank One Professor in Business. Professor Hassan is the winner of the 2016 Islamic Development Bank (IDB) Prize in Islamic Banking and Finance. He received his B.A. in Economics and Mathematics from Gustavus Adolphus College, Minnesota, USA, and his M.A. in Economics and Ph.D. in Finance from the University of Nebraska-Lincoln, USA.

Rubi Ahmad is an Associate Professor of Finance and Banking and current Deputy Dean of Research and Development in the Faculty of Business and Accountancy (FBA) at the University of Malaya, Kuala Lumpur, Malaysia. She holds a Ph.D. in finance from the Department of Accounting and Finance at Monash University, Melbourne, Australia and an MBA with a specialization in finance from the University of Memphis, Tennessee, USA.




Table of Contents

Chapter 1. Introduction toSukuk.-Chapter 2. An Overview of Islamic Capital Market (ICM) andSukukIndustry.- Chapter 3.Sukukin Islamic Capital Market.- Chapter 4. Types ofSukuk, Their Classification and Structure in Islamic Capital Market.- Chapter 5. Theory ofIjarah,Securitization and the Concept Financial Certificate.- Chapter 6. ForwardIjarahSukuk: Concept, Issuance, Structuring and General Governing Rules.- Chapter 7. Major Principles, Terms and Conditions Governing IjarahSukukIssuance as Practiced in the Islamic Capital Market.- Chapter 8. Forward Lease /Ijarah Sukuk:Issues, Challenges and Shariah Compliance.- Chapter 9.SukukIjarah & Forward LeaseSukukCase Study.- Chapter 10. Conclusion, Recommendation and Policy Implication.- Appendix A. Securities Commission Malaysia Guidelines onSukuk.-Appendix B. IFSB Requirements onSukukIssuance.-Appendix C.DFM Standard for Issuing, Acquiring and TradinSukuk.-Appendix D. Glossary.


Additional information

NPB9783319942612
9783319942612
3319942611
Forward Lease Sukuk in Islamic Capital Markets: Structure and Governing Rules by Ahcene Lahsasna
New
Hardback
Springer International Publishing AG
2018-09-26
285
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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