Comparative analysis between global sukuk and bond indices: value-at-risk approach

• Main Authors: Bhuiyan, Rubaiyat Ahsan, Rahman, Maya Puspa, Saiti, Buerhan, Mat Ghani, Gairuzazmi
• Format: Article
• Language: English; English; English
• Published: Emerald 2020
• Subjects: BPH Islamic Economics; BPH437 Sukuk - Islamic Bond
• Online Access: http://irep.iium.edu.my/84367/19/84367_Comparative%20analysis%20between%20global%20sukuk.pdf; http://irep.iium.edu.my/84367/7/84367_Comparative%20analysis%20between%20global_SCOPUS.pdf; http://irep.iium.edu.my/84367/8/84367_Comparative%20analysis%20between%20global_WOS.pdf; http://irep.iium.edu.my/84367/; https://www.emerald.com/insight/content/doi/10.1108/JIABR-02-2018-0019/full/html; https://doi.org/10.1108/JIABR-02-2018-0019

Purpose Sukuk is an innovative financial instrument with a flexible structure based on Islamic financial contracts, unlike a bond which is based on the structure of a loan imposed with interest. With the notion that sukuk differs considerably from the conventional bonds in terms of risks related to...