Securities & Sukuk Prepared For: Prof. Madya Dr. Radiah Abdul Kader Prepared By: Group B (Thursday 11.00am – 12.00pm) TAN JING YING EEE120137 TAN MING FENG EEE120116 TEH VICTOR EEE110142 WONG KAR LENG EEE120125 Tutorial 9: 25/5/2014 Submission deadline (upload Spectrum) : 22/5/2014 (12.00/ 12.00 pm) Topic: Islamic Debts Securities & Sukuk Question 1. Define Sukuk and highlight 3 of its characteristics in contrast to conventional bonds. (4 marks) For literal meaning‚ Sukuk is mean
Premium Stock Bond Asset
of Sukuk that make them attractive and investment worthy? Sukuk which plural of “Sakk” means legal instrument‚ deed or check. Sukuk is the Arabic name for a financial certificate but may also be considered as Shariah-compliant Bonds. Although Sukuk is generally referrred to as Islamic bonds‚ it is better described as an asset-based investment as the investor owns an undivided interest in an underlying tangible asset which is proportionate to his investment. The first characteristic of Sukuk is
Premium Bond Islamic banking
1. What is the difference between Islamic bonds and conventional bonds? Back to Top Islamic bonds are similar to conventional bonds in Malaysia. It always has fix term maturity‚ can bear a coupon‚ and trades on the normal yield price relationship (see attached appendix II on calculation method). For conventional investors‚ the structuring of the bonds by the issuer is immaterial. The difference lies only in the way the issuer structure the bonds. An Islamic bonds is structured such that
Premium Bond Islamic banking Debt
2.3.4 Overview of Sukuk Development in Indonesia Sukuk issuance by Indonesia has permitted the government to source options‚ financing in balancing its budget deficit while branching out its investor base. The Shari‘ah compliance market is quick rising with demand outstripping supplies. This situation creates pricing tension‚ especially for sovereign and quality issues. Indonesia Sukuk has been one of the helpers on the demand side which in turn offered excellent pricing. The Indonesian government
Premium Politics of Indonesia Indonesia People's Consultative Assembly
Functions and Roles of Law in Business LAW/421 December 16‚ 2013 Jane Schneider Functions and Roles of Law in Business I believe that the functions and role of laws in businesses and society are very integrated and important. Laws are used in order to ensure that businesses don’t monopolize the market just as an example. Laws are also very important because they ensure that businesses treat their employee’s correctly‚ they are used to regulate the relationship between employees and the
Premium Law Regulation Human rights
Role and Functions of Law Paper Orlando R. Serrano Law/421 February 18‚ 2013 Michael Carrozzo Role and Functions of Law Paper In our society and business there are laws that have been created as a body of rules that we must followed or obey and it sets the boundaries of our daily lives. In this paper it will take a look at the different types of laws and their roles and functions of each one. This paper will also look at the case of Cipollone V. Liggett Group‚ Inc. on the Supreme Court
Free Law Statute
Roles and Functions Rajdeep Grewal HCS/325 January 12‚ 2015 Today’s Health Care Manager requires an individual to be adapt at everything from patient care to hiring the qualified associates to provide that patient care‚ to insure surgeons are meeting their on-call requirements‚ and at the end of the month‚ maintain a profitable business. The work load is more vast and varied than ever before and requires a number of different hats in order to be successful. This paper is going to discuss
Premium Medicine Health care provider Health care
Roles and Functions Nicole Melton Roles and Functions Health care managers‚ also known as health services managers and health administrators‚ direct the operation of hospitals‚ health systems and other types of organizations. They have responsibility for facilities‚ services‚ programs‚ staff‚ budgets‚ relations with other organizations and other management functions‚ depending on the type and size of the organization. (“Health Administrator”‚ 2012). The four major functions of management in a
Premium Management
Rochell Richardson HCS/325 May 2‚ 2013 Ruthie McDaniel University Of Phoenix Roles and Functions Paper There are four main functions of management in a health care setting that all managers will be performing at various times during their supervisory term which are planning‚ organizing‚ controlling‚ and leading. Planning is “the process of setting performance objectives and determining what actions should be taken to accomplish them.” Organizing is “the
Premium Management
Analysis of the Sukuk Market Dubai‚ April 25‚ 2007 Overview Introduction What is a Sukuk? Types of Sukuk Composition of the Sukuk Market Breakdown of the Sukuk Market Expected Growth of the Sukuk Market Introduction 1974 beginning of the first Islamic Financial Institution by the creation of the inter-governmental Islamic Development Bank (IDB) 2001 first GCC Sukuk issuance • Bahrain Monetary Agency USD100 Million 2002 World’s first Islamic global bond issue • Federation of Malaysia
Premium Islamic banking Sharia