Forward Lease Sukuk in Islamic Capital Markets

Structure and Governing Rules

Authors: Lahsasna, Ahcene, Hassan, M. Kabir, Ahmad, Rubi

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  • Addresses the topic of forward lease sukuk as core object, providing a single reference with regard to lease and forward lease sukuk (the first book in the market to do this).
  • Adds value to sukuk market and contributes to the growth and expansion of the Islamic capital market industry
  • Shows the significant features of forward lease sukuk as a Shari’ah compliant instrument in the capital market and its vital contribution to project construction and manufacturing within the expanding field of Islamic finance
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eBook $84.99
price for USA (gross)
  • ISBN 978-3-319-94262-9
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $119.99
price for USA
  • ISBN 978-3-319-94261-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $109.99
price for USA
  • ISBN 978-3-030-06823-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

This book focuses on forward lease sukuk, which is one of the most viable and dynamic Shari’ah-compliant instruments in the Islamic capital market. The idea of forward lease sukuk is to raise funds from non-existent assets whose subject matter does not exist at the time of the sukuk issuance. This book discusses the significant features of forward lease sukuk and demonstrates its vital contribution to project construction and manufacturing within the expanding field of Islamic finance.



About the authors

Ahcene Lahsasna is currently Vice President of Research & Publication at the Malaysian Financial Planning Council (MFPC) and Academic Director of the Singapore Islamic Finance Academy (SIFA). Previously, he was an Associate Professor at the International Centre for Education in Islamic Finance (INCEIF) Malaysia, also known as the Global University of Islamic Finance. Professor Lahsasna is a registered Shariah Advisor at Bank Negara Malaysia and Securities Commission Malaysia. He acts as a Shariah Advisor for Islamic banking, Islamic capital market, Takaful, and Re-Takaful locally and internationally.

M. Kabir Hassan is Professor of Finance in the Department of Economics and Finance at the University of New Orleans, USA where he currently holds two endowed Chairs—Hibernia Professor of Economics and Finance and Bank One Professor in Business. Professor Hassan is the winner of the 2016 Islamic Development Bank (IDB) Prize in Islamic Banking and Finance.  He received his B.A. in Economics and Mathematics from Gustavus Adolphus College, Minnesota, USA, and his M.A. in Economics and Ph.D. in Finance from the University of Nebraska-Lincoln, USA.

Rubi Ahmad is an Associate Professor of Finance and Banking and current Deputy Dean of Research and Development in the Faculty of Business and Accountancy (FBA) at the University of Malaya, Kuala Lumpur, Malaysia. She holds a Ph.D. in finance from the Department of Accounting and Finance at Monash University, Melbourne, Australia and an MBA with a specialization in finance from the University of Memphis, Tennessee, USA.


 


Table of contents (10 chapters)

Table of contents (10 chapters)
  • Introduction to Sukuk

    Pages 1-9

    Lahsasna, Ahcene (et al.)

  • An Overview of Islamic Capital Market (ICM) and Sukuk Industry

    Pages 11-35

    Lahsasna, Ahcene (et al.)

  • Sukuk in Islamic Capital Market

    Pages 37-47

    Lahsasna, Ahcene (et al.)

  • Types of Sukuk, Their Classification and Structure in Islamic Capital Market

    Pages 49-85

    Lahsasna, Ahcene (et al.)

  • Theory of Ijarah, Securitization and the Concept Financial Certificate

    Pages 87-110

    Lahsasna, Ahcene (et al.)

Buy this book

eBook $84.99
price for USA (gross)
  • ISBN 978-3-319-94262-9
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $119.99
price for USA
  • ISBN 978-3-319-94261-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $109.99
price for USA
  • ISBN 978-3-030-06823-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.

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Bibliographic Information

Bibliographic Information
Book Title
Forward Lease Sukuk in Islamic Capital Markets
Book Subtitle
Structure and Governing Rules
Authors
Copyright
2018
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-3-319-94262-9
DOI
10.1007/978-3-319-94262-9
Hardcover ISBN
978-3-319-94261-2
Softcover ISBN
978-3-030-06823-3
Edition Number
1
Number of Pages
XVII, 285
Number of Illustrations
45 b/w illustrations
Topics