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© 2018

Forward Lease Sukuk in Islamic Capital Markets

Structure and Governing Rules

Book

Table of contents

  1. Front Matter
    Pages i-xvii
  2. Ahcene Lahsasna, M. Kabir Hassan, Rubi Ahmad
    Pages 1-9
  3. Ahcene Lahsasna, M. Kabir Hassan, Rubi Ahmad
    Pages 11-35
  4. Ahcene Lahsasna, M. Kabir Hassan, Rubi Ahmad
    Pages 37-47
  5. Ahcene Lahsasna, M. Kabir Hassan, Rubi Ahmad
    Pages 49-85
  6. Ahcene Lahsasna, M. Kabir Hassan, Rubi Ahmad
    Pages 87-110
  7. Ahcene Lahsasna, M. Kabir Hassan, Rubi Ahmad
    Pages 111-147
  8. Ahcene Lahsasna, M. Kabir Hassan, Rubi Ahmad
    Pages 171-185
  9. Ahcene Lahsasna, M. Kabir Hassan, Rubi Ahmad
    Pages 187-205
  10. Ahcene Lahsasna, M. Kabir Hassan, Rubi Ahmad
    Pages 207-213
  11. Back Matter
    Pages 215-285

About this book

Introduction

This book focuses on forward lease sukuk, which is one of the most viable and dynamic Shari’ah-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. 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.


Keywords

Islamic Capital Market Sukuk Asset-backed sukuk Islamic finance Islamic financial Institutions forward lease

Authors and affiliations

  1. 1.Salihin Shariah AdvisoryKuala LumpurMalaysia
  2. 2.Department of Economics and FinanceUniversity of New OrleansNew OrleansUSA
  3. 3.Department of Finance and Banking, Faculty of Business and AccountancyUniversity of MalayaKuala LumpurMalaysia

About the authors

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 Chairs—Hibernia 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.


 


Bibliographic information

  • Book Title Forward Lease Sukuk in Islamic Capital Markets
  • Book Subtitle Structure and Governing Rules
  • Authors Ahcene Lahsasna
    M. Kabir Hassan
    Rubi Ahmad
  • DOI https://doi.org/10.1007/978-3-319-94262-9
  • Copyright Information The Editor(s) (if applicable) and The Author(s) 2018
  • Publisher Name Palgrave Macmillan, Cham
  • eBook Packages Economics and Finance Economics and Finance (R0)
  • Hardcover ISBN 978-3-319-94261-2
  • Softcover ISBN 978-3-030-06823-3
  • eBook ISBN 978-3-319-94262-9
  • Edition Number 1
  • Number of Pages XVII, 285
  • Number of Illustrations 45 b/w illustrations, 0 illustrations in colour
  • Topics Islamic Finance
    Capital Markets
  • Buy this book on publisher's site
Industry Sectors
Finance, Business & Banking