Benefits and Risks Associated with Financing through Issuance of Sukuk: Evidence from GCC Countries
Loading...
Date
2020-10
Journal Title
Journal ISSN
Volume Title
Publisher
The British University in Dubai (BUiD)
Abstract
The purpose of this thesis is to examine the benefits and the risks that are associated with the
financing through Sukuk (Islamic bonds). In this regard, highlighting the benefits and limitation
that are associated with financing through issuance of sukuk with focus in the GCC countries will
be considered instrumental in the course of this research. Building on previous studies, the present
study focuses on analysing the various types of Sukuk and compare them with other forms of
funding (conventional bonds). The various risks associated with Sukuk and how they are dealt
with has also been analysed.
On the empirical part, the study aimed to determine the relationship between Sukuk prices and
some of the variables and risks associated with them, such as interest rates, bond prices and
exchange rates. The main data which will be utilized in the course of the research obtained from
various sources such as blommberg.com and financial institutions as well, the data will be
subjected to regression analysis for the purposes of ensuring that the relationship is determined
and the results presented. The research reached specific results and recommendations in this
regard.
Description
Keywords
financing, Sukuk, GCC countries