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...
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2007.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2007/237 |
| Online Access: | Full text available on IMF |