Sukuk and Murabahah Contracts: Investigation of Compliance in Hybrid Sukuk

Hasan Kazak authored this research paper analyzing the compliance of murabahah contracts within hybrid sukuk with Islamic provisions. The study examines sukuk issuance in the World and Turkey, focusing on the legal basis and secondary market trading implications. It concludes that including murabahah contracts in hybrid sukuk is inappropriate due to trading restrictions.

Use Cases

• Comparative analysis of sukuk and traditional bonds based on the structural differences described.
• Studying the legal and compliance frameworks for murabahah contracts in hybrid financial instruments.
• Investigating secondary market trading challenges for specific Islamic financial instruments mentioned in the description.

Strengths

• The description provides a detailed conceptual analysis of sukuk and murabahah contracts.
• The study presents a specific finding regarding the inconsistency of murabahah contracts in hybrid sukuk.

Limitations

• Row count is unknown, which may limit suitability assessment.
• Column-level documentation is absent; field semantics must be inferred after download.
• Last update date is unknown; freshness unverified.

Provenance

Source

Hasan Kazak

Collection Method

Research paper analysis, likely from academic or industry investigation.

Geography

World and Turkey