Sukuk vs. Eurobonds : Is There a Difference in Value-at-Risk? /

This paper assesses the impact of bonds issued according to Islamic principles (Sukuk), on the cost and risk structure of investment portfolios by using the Value-at-Risk (VaR) framework. The market for Sukuk has grown tremendously in recent years at about 45 percent a year. Sukuk provide sovereign...

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Dettagli Bibliografici
Autore principale: Raei, Faezeh
Altri autori: Cakir, Selim
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2007.
Serie:IMF Working Papers; Working Paper ; No. 2007/237
Accesso online:Full text available on IMF