The importance of assets in Islamic securitisation

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Securitisation is an integral part of financing or the process of funding public or private expenditure. Securities are typically issued in the form of (common) shares, sukuk or bonds. Different types of securities reflect different relationships – or contracts – between counterparties. Some signify creditor/debtor relationships, such as conventional bonds, while others reflect partnership relationships, such as Islamic sukuk or common shares. The former type reward lenders with interest, while the latter reward investors with profits........... Download the full article in pdf attachment (below)

Abdul Karim Abdullah

Abdul Karim Abdullah @ Leslie Terebessy is an Assistant Research Fellow at IAIS Malaysia.