DEVELOPMENT OF THE SUKUK MARKET IN SOME COUNTRIES
Abstract
This article is dedicated to reflecting the dynamics of changes in sukuk, a relatively new instrument of Islamic finance, from 2001 to 2022 using the examples of Malaysia, Indonesia, and Turkey. It includes analyses of various types of sukuk according to different classifications. Comments are provided based on the study of the reasons for changes over the past period. Conclusions are drawn regarding the established trends in sukuk. Based on the analyses, proposals and conclusions for Uzbekistan have been formulated.
Keywords:
Islamic finance Islamic capital market sukuk murabaha ijara wakala issuanceReferences
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