Do the Type of Sukuk and Choice of Shari'a Scholar Matter?

Do the Type of Sukuk and Choice of Shari'a Scholar Matter?
Sukuk, the shari'a-compliant alternative mode of financing to conventional bonds, have expanded considerably over the last decade. We analyze the stock market reaction to two key features of this financial instrument: sukuk type and characteristics of the shari'a scholar certifying the issue. We use the event study methodology to measure... READ MORE...

Publication date: August 2014
ISBN 9781498398794
$18.00

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