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12 November 2019 Azahari

Financial institutions have traditionally acted as intermediaries between depositors and debtors i.e. borrowers. Currently, aided by financial deregulation and the process of ‘disintermediation’, Islamic Securities or Sukuk have become a major alternative for raising financing among corporations in Malaysia.

Islamic Securities means any securities issues pursuant to any Shariah principles and concepts approved by the Shariah Advisory Council (SAC) of the Securities Commission (SC). Sukuk is a Private Debt Securities (PDS) structure based on Islamic financing principles. Essentially, Sukuk is similar to conventional PDS, albeit with certain additional steps and characteristics which reflect the Islamic financing principles.

  • RM 190.00

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