Abstract
This chapter examines the forward lease/ijarah Sukuk, in particular its issues, challenges, and Shariah compliance, with the objective of formulating an opinion from the relevant experts on different matters pertaining to forward lease Sukuk. This chapter covers Shariah issues in forward lease Sukuk including the principles, terms, and conditions (PTC) in Sukuk issuance, the legal documentations and transaction documents in Sukuk issuance, the structure of Sukuk issuance, trading issues in Sukuk, legal issues in forward Ijarah sukuk, industry challenges of forward Sukuk ijarah, industry acceptance of forward Ijarah sukuk, and the future direction of Sukuk issuance based on forward lease Sukuk.
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Lahsasna, A., Hassan, M.K., Ahmad, R. (2018). Forward Lease/Ijarah Sukuk: Issues, Challenges and Shariah Compliance. In: Forward Lease Sukuk in Islamic Capital Markets. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-94262-9_8
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DOI: https://doi.org/10.1007/978-3-319-94262-9_8
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Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-94261-2
Online ISBN: 978-3-319-94262-9
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