Skip to main content
Palgrave Macmillan

Forward Lease Sukuk in Islamic Capital Markets

Structure and Governing Rules

  • Book
  • © 2018

Overview

  • Addresses the topic of forward lease sukuk as core object, providing a single reference with regard to lease and forward lease sukuk (the first book in the market to do this).
  • Adds value to sukuk market and contributes to the growth and expansion of the Islamic capital market industry
  • Shows the significant features of forward lease sukuk as a Shari’ah compliant instrument in the capital market and its vital contribution to project construction and manufacturing within the expanding field of Islamic finance

This is a preview of subscription content, log in via an institution to check access.

Access this book

eBook USD 39.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 54.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

Licence this eBook for your library

Institutional subscriptions

Table of contents (10 chapters)

Keywords

About this book

This book focuses on forward lease sukuk, which is one of the most viable and dynamic Shari’ah-compliant instruments in the Islamic capital market. The idea of forward lease sukuk is to raise funds from non-existent assets whose subject matter does not exist at the time of the sukuk issuance. This book discusses the significant features of forward lease sukuk and demonstrates its vital contribution to project construction and manufacturing within the expanding field of Islamic finance.



Authors and Affiliations

  • Salihin Shariah Advisory, Kuala Lumpur, Malaysia

    Ahcene Lahsasna

  • Department of Economics and Finance, University of New Orleans, New Orleans, USA

    M. Kabir Hassan

  • Department of Finance and Banking, Faculty of Business and Accountancy, University of Malaya, Kuala Lumpur, Malaysia

    Rubi Ahmad

About the authors

Ahcene Lahsasna is currently Vice President of Research & Publication at the Malaysian Financial Planning Council (MFPC) and Academic Director of the Singapore Islamic Finance Academy (SIFA). Previously, he was an Associate Professor at the International Centre for Education in Islamic Finance (INCEIF) Malaysia, also known as the Global University of Islamic Finance. Professor Lahsasna is a registered Shariah Advisor at Bank Negara Malaysia and Securities Commission Malaysia. He acts as a Shariah Advisor for Islamic banking, Islamic capital market, Takaful, and Re-Takaful locally and internationally.

M. Kabir Hassan is Professor of Finance in the Department of Economics and Finance at the University of New Orleans, USA where he currently holds two endowed Chairs—Hibernia Professor of Economics and Finance and Bank One Professor in Business. Professor Hassan is the winner of the 2016 Islamic Development Bank (IDB) Prize in Islamic Banking and Finance.  He received his B.A. in Economics and Mathematics from Gustavus Adolphus College, Minnesota, USA, and his M.A. in Economics and Ph.D. in Finance from the University of Nebraska-Lincoln, USA.

Rubi Ahmad is an Associate Professor of Finance and Banking and current Deputy Dean of Research and Development in the Faculty of Business and Accountancy (FBA) at the University of Malaya, Kuala Lumpur, Malaysia. She holds a Ph.D. in finance from the Department of Accounting and Finance at Monash University, Melbourne, Australia and an MBA with a specialization in finance from the University of Memphis, Tennessee, USA.


 


Bibliographic Information

  • Book Title: Forward Lease Sukuk in Islamic Capital Markets

  • Book Subtitle: Structure and Governing Rules

  • Authors: Ahcene Lahsasna, M. Kabir Hassan, Rubi Ahmad

  • DOI: https://doi.org/10.1007/978-3-319-94262-9

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s) 2018

  • Hardcover ISBN: 978-3-319-94261-2Published: 26 September 2018

  • Softcover ISBN: 978-3-030-06823-3Published: 20 December 2018

  • eBook ISBN: 978-3-319-94262-9Published: 15 September 2018

  • Edition Number: 1

  • Number of Pages: XVII, 285

  • Number of Illustrations: 45 b/w illustrations

  • Topics: Islamic Finance, Capital Markets

Publish with us