Hebah Shafeq Shalhoob
A comparative analysis of risk-return characteristics between Sukuk (Islamic bonds) and conventional bonds.
Shalhoob, Hebah Shafeq
Sukuk are an important mode of financing in the Islamic financial system. As usury (interest) is prohibited in Islam, conventional bonds are not suitable for investors in Islamic countries. Since their launch in the 1980s, Sukuk have gained recognition and popularity as a substitute for conventional bonds. However, their unique features mean that Sukuk are not always clearly understood. The aim of this study is to analyse the differences and similarities between Sukuk and conventional bonds in terms of their risk and return characteristics.
SHALHOOB, H.S. 2016. A comparative analysis of risk-return characteristics between Sukuk (Islamic bonds) and conventional bonds. Robert Gordon University, PhD thesis.
|Publication Date||Jun 1, 2016|
|Deposit Date||Aug 16, 2016|
|Publicly Available Date||Aug 16, 2016|
|Keywords||Islamic finance; Islamic bonds; Sukuk; Conventional bonds; Value at risk; OLS regression; Risk and return|
SHALHOOB 2016 A comparative analysis of risk-return
Publisher Licence URL
Copyright: the author and Robert Gordon University
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