Explain what is meant by a sukuk. Why do you think it is called a bond? Global
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Explain what is meant by a sukuk. Why do you think it is called a bond? Global sukuk issuance has rapidly expanded over the last number of years. Why do you think this is? What is the unique nature of sukuks that make them a suitable form of finance for infrastructure projects? Explain.
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A sukuk is an Islamic financial instrument that represents ownership in a tangible asset or a business venture It operates on the principle of assetbacked financing where investors earn profits from t...View the full answer
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Sinmon Warui Kamau
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Related Book For 
Corporate Finance
ISBN: 9780077173630
3rd Edition
Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe
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