Restructuring sukuk for default risk management, based on Shariah Principles

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

TOHIDI MOHAMMAD

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: Journal of Iran's Economic Essays; an Islamic approach Year:2020 | Volume:17 | Issue:33 Page(s): 35-57

Download Full-Text

View:

Download:

Cites:

Information Journal Paper

Title

Restructuring sukuk for default risk management, based on Shariah Principles

Author(s)

TOHIDI MOHAMMAD

Keywords

Islamic financial instruments

Sukuk

restructuring

default risk

shariah principles

Abstract

Like conventional bonds, Islamic securities are not risk free. Therefore, it is important to provide solutions to manage this type of risk in the Sukuk structure. One of the remedies used in Islamic countries to prevent default is the restructuring of financial obligations. The purpose of the restructuring is to give the debtor more time to settle his obligations. This descriptive-analytic study, while studying the experience of Islamic countries in restructuring Sukuk as well as experience in usury banking in Iran, introduces restructuring, its implementation process, and also mechanisms for restructuring various types of Sukuk and analyzes it according to the viewpoints of Sharia jurisprudents. These include expanding the maturity, increasing the rate of return, Haircut, Renewal of Contract, Debt Conversion and Debt to Equity swaps. Finally, according to the jurisprudential nature of the basic contract of each type of Sukuk, the mechanism (s) appropriate to each are presented.

Multimedia

No record.

Cites

No record.

References

No record.

Cite

APA: Copy

TOHIDI, MOHAMMAD. (2020). Restructuring sukuk for default risk management, based on Shariah Principles. JOURNAL OF ECONOMIC ESSAYS, 17(33 ), 35-57. SID. https://sid.ir/paper/1038585/en

Vancouver: Copy

TOHIDI MOHAMMAD. Restructuring sukuk for default risk management, based on Shariah Principles. JOURNAL OF ECONOMIC ESSAYS[Internet]. 2020;17(33 ):35-57. Available from: https://sid.ir/paper/1038585/en

IEEE: Copy

MOHAMMAD TOHIDI, “Restructuring sukuk for default risk management, based on Shariah Principles,” JOURNAL OF ECONOMIC ESSAYS, vol. 17, no. 33 , pp. 35–57, 2020, [Online]. Available: https://sid.ir/paper/1038585/en

Related Journal Papers

No record.

Related Seminar Papers

No record.

Related Plans

No record.

Recommended Workshops