The Concept of Sukuk and its Applications in Contemporary Islamic Financial System

AAOIFI Shari'ah Standard (17) on investment Sukuk.
AAOIFI. (2008). Accounting and Auditing Organization for Islamic Financial Institutions’ Shari'a Standards. Bahrain: AAOIFI.
Ahmed, E. R., Aminul Islam, M., & Tawfeeq Yousif Alabdullah, T. (2014). Islamic Sukuk: Pricing Mechanism and Rating. Journal of Asian Scientific Research, 4(11): 640–648.
AIMS - Academy for International Modern Studies, (2010). SUKUK-Islamic Bond. Available via: http://www.learnislamicfinance.com/images/Free-Study Notes/Sukuk%20_Islamic%20Bonds_.pdf. (Retrieved :10 December 2010)
Al Zubi, H., & Maghyar, A. (2006). The relative risk performance of Islamic finance: A new guide to less risky investments. International journal of theoretical and applied finance, 10 (2), 235-249.
Al-Amine, M. (2008). Sukuk Market: Innovations and Challenges. Islamic Economic Studies. 15(2): 1–22. Retrieved from http://www.irti.org/irj/go/km/docs/documents/IDBDevelopments/Internet/English/I RTI/CM/downloads/IES_Articles/Vol 15-2. M. Bashir Alamin--Sukuk Market Innovation.pdf
Al-Raysuni, A. (2013), Maqasid al-maqasid: al-ghayat al-‘ilmiyyah wal- ‘amaliyyah li maqasid al-Shariah, Beirut: Arab Network for Research and Publishing.
Al-Zarqa, M. A. (1968). Al-Madkhal al-FiqhÊ al-ÑÓmm. Beirut: DÉr al-Fikr.
Ayub, Muhammad (2007), Understanding Islamic Finance, (England: John Wiley & Sons. Ltd.) INCEIF, SH1003 Shariah Rules in Financial Transactions (2010, Kuala Lumpur, Malaysia: INCEIF), p. 289
Benaicha, M., Qasem, B. M. S., & Kassim, A. A. A. (2019). Selected shariah issues in sukuk structures: A comparative approach. International Journal of Management and Applied Research, 6(4), 328-343.
Choudhury, M. (2015), "Res extensa et res cogitans de maqasid as-Shariah", International Journal of Law and Management, Vol. 57 No. 6, pp. 662-693. https://doi.org/10.1108/IJLMA-07-2014-0046
Daily Times, Pakistan (2005). WAPDA to issue Rs 8b Sukuk bonds in August. (online) July 26. Available via: http://www.dailytimes.com.pk/default.asp?page=story_26-7-2005_pg5_4 (Retrieved: 17.03.2010)
Dr. Abdus Sattar Abu Ghuddah (2008), Debt Issues: Zakah upon Debts and Trading in Debts – An Introduction to Juristic and Practical Issues (A paper presented to the 7th conference of the Shariah Boards of AAOIFI), May 27 - 28, 2008.
Dusuki, A. W. (Ed.) (2016), Islamic financial system: Principles & operations, 2nd ed., Kuala Lumpur: International Shariah Research Academy (ISRA).
Dusuki, A.W. & Mokhtar, S. (2010). Critical appraisal of shariah issues on ownership in asset based sukuk as implemented in the Islamic debt market. ISRA Research paper No 8.
Dzubaidah Zainal Abidin & Shahida Shahimi. (2013). Sukuk “Asset - Based” Berbanding Sukuk “Asset - Backed”: Kes Kemungkiran Sukuk. Prosiding Perkem VIII, 2, 574– 585. DOI:ISSN: 2231-962X.
El-Gamal, M. A. (2006), Islamic finance: Law, economics, and practice, Cambridge: Cambridge University Press.
Ellias, M. R. F., & Mohammed, M. N. H., & M. F. (2013). Shariah issues in sukuk 1. Shariah Forum, KLIFF, 23 September 2013, 1–22.
El-Mesawi, M. E. and Ahmed, B. A. M. (2016), The Shariah goals pertaining to economic wealth and their means in Imam Mohammad al-Tahir Ibn Ashur’s work, at-Tajdid, Vol. 20, No. 39A, pp. 235-265.
Ghani, N. A. R. (2018), “Beneficial ownership in sukuk ijarah: A Shariah appraisal”, International Journal of Islamic and Middle Eastern Finance and Management, Vol. 11, No. 1, pp. 2-17. https://doi.org/10.1108/IMEFM-02-2017-0026
Godlewski, C, Turk-Ariss, R, & Weill, L., Sukuk vs. conventional bonds: A stock market perspective, Journal Of Comparative Eco-nomics, 41, 2013.
Godlewski, C, Turk-Ariss, R, & Weill, L., Sukuk vs. conventional bonds: A stock market perspective, Journal of Comparative Eco-nomics, 41, 2013.
Herzi, A.A. (2016). A comparative study of asset based and asset backed sukuk from the shariah compliance perspective. JMFIR, 13(1), 25-34.
IFSB. (2005). Islamic Financial Services Board (IFSB)'s Capital Adequacy Standard for Institutions (Other than Insurance Institutions) Offering Only Islamic Financial Services. Kuala Lumpur: IFSB.
INCEIF, SH1003 Shariah Rules in Financial Transactions (2010, Kuala Lumpur, Malaysia: INCEIF), p. 289
Jalaluddin, A. (2011), Profit/loss sharing method of finance: An empirical study in a Western country, Gombak: A.S. Noordeen.
Junaid Haider & Muhammad Azhar (2010). Islamic Capital Market, Sukuk and its Risk Management in the Current Scenario, Umea School of Business & Economics, Umea University, Sweden.
Kamali, H. (2007), “A Shariah analysis of issues in Islamic leasing”, Journal of King Abdulaziz University: Islamic Economics., Vol. 20, No. 1, pp. 3-22.
Kamil, W. A. (2008). Introduction to Sukuk. In R. Ratings, Malaysian Sukuk Market Handbook - Your Guide to the Malaysian Islamic Capital Market (pp. 21-49). Kuala Lumpur: RAM Rating.
Khan, T. (1995), “Demand for and supply of mark-up and pls funds in Islamic banking: some alternative explanations”, Islamic Economic Studies, Vol. 3, No.1, pp. 1-46.
Krichene, N. (2013), Islamic capital markets: Theory and practice, Singapore: John Wiley & Sons.
Lahsasna, A. (2016). “Issues in Islamic capital markets: islamic bond/ sukuk”. procedding of 3rd international conference on business and economic research ( 3rd icber 2012 ), 12 - 13 March 2012. Golden Flower Hotel, Bandung, Indonesia, 495-512
Lahsasna, A. and Idris, U. (2008), “Examination of the AAOIFI pronouncement on sukuk issuance and its implication on the future sukuk structure in the Islamic capital market”, in: 6th International Islamic Finance Conference, Kuala Lumpur.
Laldin, A. M. (2008), The Principles of Compensation and Penalty Charges in Dealing with Loan Default in Islamic Finance (An article published in International Shariah Scholars Dialogue 2006), Kuala Lumpur, Malaysia: Bank Negara Malaysia.
Laldin, A. M. and Furqani, H. (2013), "Developing Islamic finance in the framework of maqasid al-Shariah", International Journal of Islamic and Middle Eastern Finance and Management, Vol. 6 No. 4, pp. 278-289. https://doi.org/10.1108/IMEFM-05-2013-0057
Lauren & Mcaughtry. (2016). Sustainable financing: Is the grass really greener? Islamic Finance News, 13(10): 1.
Lotter, Philipp; Howladar, Khalid; . (2007). Understanding Moody's Approach to Unsecured Corporate Sukuk. Dubai: Moody's Investors Service.
Magalhães, R. and Al‐Saad, S. (2013), "Corporate governance in Islamic financial institutions: the issues surrounding unrestricted investment account holders", Corporate Governance, Vol. 13 No. 1, pp. 39-57. https://doi.org/10.1108/14720701311302404
Mohamad Mokhtar, S. (2008, May). True Sale and Bankruptcy Remoteness in Sukuk. Islamic Finance News, 5 (18).
Mohamad Mokhtar, S., Rahman, S., Kamal, H., & Thomas, A. (2009). Sukuk and the Capital Markets. In S. C. Malaysia, Sukuk: Islamic Capital Market Series (pp. 17-38). Kuala Lumpur: Sweet & Maxwell Asia.
Mohd Noor, L. (2008). Sukuk Rating - General Approach, Criteria and Methodology. In R. Ratings, Malaysian Sukuk Market Handbook - Your Guide to the Malaysian Islamic Capital Market (pp. 147-161). Kuala Lumpur: RAM Ratings.
Nor Fadilah Bahari, Nurul Wajhi Ahmad, Wan Shahdila Shah Shahar, Norfaizah Othman. (2016). “A review on the potential growth of sukuk, issues and its challenges”. Proceeding of the 2ndInternational Conference on Economics & Banking 2016 (2nd ICEB) 24th – 25th May 2016, 395-403.
Pollard, J. & Samers, L. (2007). Islamic banking and finance: postcolonial political economy and the decentring of economic geography. Journal compilation © Royal Geographical Society (with The Institute of British Geographers). 315-316.
Rabia, S. & Dascotte, J. (2010). Luxembourg Tax Treatment of Islamic Finance. Islamic Finance News’’, 7 (6).P. 13, Available via : http://www.wildgen.lu/pdfs/IslamicFinanceNews_feb2010.pdf (Retrieved: 02.04.2010)
Razak, S. S., Saiti, B., & Dinç, Y. (2019). The contracts, structures and pricing mechanisms of sukuk: A critical assessment. Borsa Istanbul Review, 19, S21–S33.
Safari, M., Ariff, M. and Mohamad, S. (2014), Sukuk securities: New ways of debt contracting, Singapore: John Wiley & Sons.
Sairally, B.S., Habib, F., Hassan, H.K., Othaman, M.Z., Muhammad, M., Badri, M.B., Zada, N., M.Hasan, S. & Al-Badani, Y.A. (2017). Sukuk: Principles and Practices. Kuala Lumpur: International Shari’ah Research Academy for Islamic Finance (ISRA).
Shamil Bank, (2009). Shamil Bank’s China Realty Modaraba makes distributions of US$3.5 million. Available via: http://www.shamilbank.net/nov_18_2009.htm (Retrieved: 12.01.2010)
Shaukat, Mughees (2009). "Common Structure of Sukuk.", pp.1-2 Posted at: http://www.iflr.com/article/2444719/the-future-of.Sukuk
Standard & Poor’s, (2005). Islamic Finance & Credit Rating Criteria. March 4,p.1-4
Tariq, A.A. and Dar, H. (2007), “Risks of Sukuk structures: Implications for resource mobilization”, Thunderbird International Business Review, Vol. 49, No. 2, pp. 203-223. https://doi.org/10.1002/tie.20140
Usmani, M. T. (2007). Sukuk and Their Contemporary Application. Retrieved November 20th, 2008, from http://www.isra.my/index.php?option=com_content&view=article&id=90&Itemid=64
Usmani, Mufti Muhammad Taqi (2008)."Sukuk and Their Contemporary applications." pp. 1-15.
Usmani, T. (1998). Introduction to Islamic Finance, Karachi: Maktaba Maariful Quran.
Visser, H., Islamic Finance: Principles and Practice, Gloucester: Edward Elgar.
Zolfaghari, pegah (2017), An Introduction to Islamic Securities (Sukuk), working paper PhD, Uppsala University, faculty of law.