صکوک کی رائج صورتیں اور ان کی شرعی حیثیت

Authors

  • Muhammad Sarfaraz Ajmal Idara marif e isalami lahore
  • Muhammad Irfan

Keywords:

sukuk.Islamic finance .Murabaha, musharaka, Ijarah, muzaraba, salam

Abstract

This article provides an overview of the Sukuk market. The purpose of this article is to provide empirical evidence that sukuk differs from traditional bonds in terms of risk. The issuance of sukuk based on Islamic principles is an important goal of Islamic financing and is a major source of development of Islamic economy in the world market but the condition is that these sukuk should take into account all the basic principles that make Islamic economy un-Islamic. Distinguish from the economy. This paper provides a critical review of the theoretical and empirical literature on sukuk (Shari'ah-compliant bonds) from three perspectives: their underlying theory and nature, the operational issues and structures involved in sukuk, and the role of sukuk in economic development. The article suggests that the literature on sukuk is largely qualitative rather than quantitative research, with the bulk of academic research in the form of conference and seminar papers. Sukuk is the best way to fund large projects that are beyond the reach of a single person, Sukuk is a means of equitable distribution of capital because investors through Sukuk have the opportunity to share equally in the profits from the project. This will allow wealth to spread widely instead of being confined to a few hands, which is one of the most important goals of the Islamic economy.

Additional Files

Published

29-12-2021

Issue

Section

Articles