Rent as Return on Ijarah Sukuk: The Saudi Experience
Recent studies detected practices of 'Ijärah Sukük's issuance and trade's unconformity with the theoretical structure defined by Islamic economics. A significant dilemma is the type of return offered on 'Ijärah Sukuk. This research attempts to study rent as return on 'Ijarah Sukük, its efficiency, its scope of practice and islamic considerations of using LIBOR. |