Back to basics: sukuk

We take you back to the credit basics to review everything you thought you already knew but were too afraid to ask ... In part 2 of our special Islamic finance back-to-basics, the chairman of Moody's Middle East co-ordination committee, Khalid Howladar, looks at sukuk structures

Sukuk are a relatively recent phenomenon, beginning in Malaysia in 1990 with a RM120m ($30m) deal from a Shell Malaysia subsidiary. There has been rapid growth in the past five years with jumbo deals from the Dubai Ports, Customs & Free Zone Corp (DPWorld - $3.5bn) and Nakheel Group ($3.52bn), pushing such structures firmly into the international eye. Approximately $50bn has been issued globally thus far.

There are 14 types of sukuk specified by the Accounting and Auditing Organization for

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here