Shariah issues in the application of repurchase undertaking in Sukuk mudarabah

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Main Authors: Ibraheem Alani, AbdulKareem, Mohd Sadad, Mahmud, AbdulFattah, AbdulGaniyy, Ahmad Shukri, Yazid
Other Authors: ibraheemalani1@yahoo.com
Format: Article
Language:English
Published: School of Business Innovation and Technopreneurship, Universiti Malaysia Perlis (UniMAP) 2020
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Online Access:http://dspace.unimap.edu.my:80/xmlui/handle/123456789/67077
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spelling my.unimap-670772021-01-15T00:48:56Z Shariah issues in the application of repurchase undertaking in Sukuk mudarabah Ibraheem Alani, AbdulKareem Mohd Sadad, Mahmud AbdulFattah, AbdulGaniyy Ahmad Shukri, Yazid ibraheemalani1@yahoo.com Sukuk Mudarabah Repurchase undertaking Shariah Link to publisher's homepage at https://ijbt.unimap.edu.my The Malaysia Sukuk market has grown quickly over the past two decades which makes it an integral part of the Malaysia capital market. It keeps embracing innovative structure, as underlined by the dispatch of Sukuk utilizing the ideas such as ijarah, salam, musharakah and mudarabah. The higher level of dynamism in the market is reflected by the growth of sophisticated Sukuk arrangements that are now structured-based on numerous Shariah ideas to meet the needs of the customer (Sukuk holders). Owing to the foregoing, the objective of this paper is to show that there are few Shariah issues which require further discussion to guarantee compliance with Shariah (Islamic law). This paper discusses Shariah issues in Sukuk mudarabah and focuses on the application of repurchase undertaking in Sukuk mudarabah structure using Malaysia as a case study. The methodology applied for this study is based on previous studies and literature related to the topic which were gathered from different published articles, reports and several sources. This paper recommends that Shariah scholars across the globe should converge for harmonization of opinion to arrive at a given standard for the operation of Islamic products unification globally. 2020-09-08T08:39:28Z 2020-09-08T08:39:28Z 2020-06 Article International Journal of Business and Technopreneurship, vol.10(2), 2020, pages 173-182. 2231-7090 (printed) 2232-1543 (online) http://dspace.unimap.edu.my:80/xmlui/handle/123456789/67077 https://ijbt.unimap.edu.my en School of Business Innovation and Technopreneurship, Universiti Malaysia Perlis (UniMAP)
institution Universiti Malaysia Perlis
building UniMAP Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Perlis
content_source UniMAP Library Digital Repository
url_provider http://dspace.unimap.edu.my/
language English
topic Sukuk
Mudarabah
Repurchase undertaking
Shariah
spellingShingle Sukuk
Mudarabah
Repurchase undertaking
Shariah
Ibraheem Alani, AbdulKareem
Mohd Sadad, Mahmud
AbdulFattah, AbdulGaniyy
Ahmad Shukri, Yazid
Shariah issues in the application of repurchase undertaking in Sukuk mudarabah
description Link to publisher's homepage at https://ijbt.unimap.edu.my
author2 ibraheemalani1@yahoo.com
author_facet ibraheemalani1@yahoo.com
Ibraheem Alani, AbdulKareem
Mohd Sadad, Mahmud
AbdulFattah, AbdulGaniyy
Ahmad Shukri, Yazid
format Article
author Ibraheem Alani, AbdulKareem
Mohd Sadad, Mahmud
AbdulFattah, AbdulGaniyy
Ahmad Shukri, Yazid
author_sort Ibraheem Alani, AbdulKareem
title Shariah issues in the application of repurchase undertaking in Sukuk mudarabah
title_short Shariah issues in the application of repurchase undertaking in Sukuk mudarabah
title_full Shariah issues in the application of repurchase undertaking in Sukuk mudarabah
title_fullStr Shariah issues in the application of repurchase undertaking in Sukuk mudarabah
title_full_unstemmed Shariah issues in the application of repurchase undertaking in Sukuk mudarabah
title_sort shariah issues in the application of repurchase undertaking in sukuk mudarabah
publisher School of Business Innovation and Technopreneurship, Universiti Malaysia Perlis (UniMAP)
publishDate 2020
url http://dspace.unimap.edu.my:80/xmlui/handle/123456789/67077
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score 13.19449