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Investment in Sukuk

  • Mohd Ma’Sum Billah
Chapter

Abstract

Sukuk is the Shari’ah alternative to the bond as practised in the modern capital market. It has been significantly expanded for more than a decade by attracting both Muslim and non-Muslim participants with promising results, so that it currently occupies more than 70% of the total Islamic financial market across the world. Policies, strategies, instruments, mechanisms, structures, marketing, management and operations are strictly ruled to be in total compliance with the divine ethics and the principles of Shari’ah, which are closely monitored by qualified Shari’ah scholars as to compliance with Shari’ah standards.

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Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Mohd Ma’Sum Billah
    • 1
  1. 1.Finance, Insurance FinTech and Investment Islamic Economics InstituteKing Abdulaziz UniversityJeddahSaudi Arabia

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