Do the Type of Sukuk and Choice of Shari'a Scholar Matter? /

Sukuk, the shari'a-compliant alternative mode of financing to conventional bonds, have expanded considerably over the last decade. We analyze the stock market reaction to two key features of this financial instrument: sukuk type and characteristics of the shari'a scholar certifying the iss...

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Bibliographic Details
Main Author: Godlewski, Christophe
Other Authors: Turk-Ariss, Rima, Weill, Laurent
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Working Papers; Working Paper ; No. 2014/147
Subjects:
Online Access:Full text available on IMF