Series: IMF Policy Discussion Papers
Author(s): Amadou Sy , Peter Kunzel , Paul Mills , and Andreas Jobst
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2008
Keywords: Capital markets, Debt management, Islamic banking, Islamic finance, Securities markets, Sovereign debt, securitization, structured finance, Islamic bond, shari&;amp;#x2019;ah compliance
Recent years have witnessed a surge in the issuance of Islamic capital market securities (sukuk) by corporates and public sector entities amid growing demand for alternative investments. As the sukuk market continu...