Question: Please refer to the document attached. Choose one case study. Read it. Write your opinion in no less than 5 sentences. The Case Study Approach



Please refer to the document attached. Choose one case study. Read it. Write your opinion in no less than 5 sentences. The Case Study Approach The case studies document the story how five innovative Islamic Finance and Islamic Social Finance solutions were developed. The cases are among the many that deserve to be showcased and shared with the public. For UNDP and IsDB, the findings can help formulate strategic plans to support Member Countries to enhance their Islamic Finance ecosystem and stakeholder readiness. As countries learn from each other, knowledge exchange is a critical component of international development cooperation for the successful implementation of UN's 2030 Agenda for Social Development Goals (SDGs). Case Studv I SUKUK PRIHATIN Institutional Enablers Ministry of Finance (MoF) as the representative of the government led the issuance process and acted as the obligor of the Sukuk. Bank Negara Malaysia (BNM) acted as an agent on behalf of sukukholders and MoF undertook commodity murabahah transactions in Bursa Suq 27 distribution banks created their own websites to promote and facilitate Sukuk Prihatin subscriptions from retail investors. Beneficiaries Success Drivers Government Back-Up - confidence and trust for investors to subscribe the sukuk Digital Acceptance - due to COVID-19 movement restriction indirectly accelerated the use of FinTech among retail investors to subscribe Digital Sukuk. Charity Element - many high-net-worth individuals also bought Sukuk Prihatin Challenges
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