Securities Commission Malaysia (SC) and The International Shari\u2019ah Research Academy for Islamic Finance (ISRA) today released a joint publication on \u2018\u1e62ukuk: Principles & Practices\u2019\u00a0 launched by Sultan Nazrin Muizzuddin Shah, The Sultan Perak, at the Kuala Lumpur Islamic Finance Forum 2017 in Kuala Lumpur.\u00a0<\/p>\n
This is the second publication under the collaboration between SC and ISRA, following the success of previous joint publication, \u2018Islamic Capital Markets: Principles & Practices\u2019 in 2015. The SC and Khazanah Nasional Berhad are co-sponsors of these two initiatives.\u00a0<\/p>\n
The launch of the textbook is timely in view of the increasing role of sukuk as an important source of capital formation to finance the development of a country\u2019s economy.\u00a0\u00a0<\/p>\n
Malaysia continues to be the world\u2019s largest sukuk market, characterised by the presence of innovative sukuk structures, diversity of domestic and foreign issuers and investors as well as availability of various maturities and currency denominations. The global significance of Malaysia\u2019s sukuk market is the result of orderly development of the sukuk market ecosystem, and the broad acceptance of sukuk globally as a viable mechanism to raise capital as evidenced by the growing number of countries including non-Muslim ones that have issued or planning to issue sukuk.\u00a0<\/p>\n
More recently, Malaysia witnessed the issuance of the world\u2019s first green sukuk under SC\u2019s Sustainable & Responsible Investment (SRI) Sukuk framework. The green sukuk further affirmed the country\u2019s efforts in product innovation as well as its position as a leading Islamic finance marketplace and its value proposition as a centre for sustainable finance.<\/p>\n
The \u2018\u1e62ukuk: Principles & Practices\u2019 textbook focuses on the theories and practices governing sukuk across various jurisdictions while adopting a global perspective when discussing the subject. It serves as a vital source of reference to academicians, students and practitioners to gain greater understanding on sukuk and in turn, contribute towards continuing growth and expansion of the sukuk market globally.<\/p>\n
\u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
Securities Commission Malaysia (SC) and The International Shari\u2019ah Research Academy for Islamic Finance (ISRA) today released a joint publication on \u2018\u1e62ukuk: Principles & Practices\u2019\u00a0 launched by Sultan Nazrin Muizzuddin Shah, The Sultan Perak, at the Kuala Lumpur Islamic Finance Forum 2017 in Kuala Lumpur.\u00a0 This is the second publication under the collaboration between SC and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-1103","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/1103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/comments?post=1103"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/1103\/revisions"}],"predecessor-version":[{"id":5227,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/1103\/revisions\/5227"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=1103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=1103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=1103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}