Islamic Bonds: Your Guide to Issuing, Structuring and Investing in Sukuk- Overview of the Sukuk Market

This book is comprehensive in its coverage, and it should provide an indispensable guide to the options available for those seeking to raise finance through sukuk issues or invest in sukuk securities. Professional bankers and finance specialists can learn how to structure sukuk, and how such securities can be used as tools for asset and liability management. Much attention and space is justifiably given to sovereign sukuk as issues by Malaysia, Bahrain and Qatar have attracted widespread international attention from both Islamic and conventional bankers. The scope for converting existing conventional government debt into instruments enjoying Shari’a acceptability is clearly enormous, as is the possibility of issuing new debt on potentially cheaper and less risky terms than those applying to conventional bonds. Although, so far, there have been relatively few corporate sukuk, such Islamic securities could become a vital financing tool for companies throughout the Muslim world as well as