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Title: A comparative analysis of risk-return characteristics between Sukuk (Islamic bonds) and conventional bonds
Author: Shalhoob, Hebah Shafeq
ISNI:       0000 0004 5920 995X
Awarding Body: Robert Gordon University
Current Institution: Robert Gordon University
Date of Award: 2016
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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.
Supervisor: Ahmad, Farooq ; Beloucif, Ahmed Sponsor: Ministry of Higher Education, Saudi Arabia ; Princess Nora bint Abdulrahman University
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID:  DOI: Not available
Keywords: Islamic finance ; Islamic bonds ; Sukuk ; Conventional bonds ; Value-at-risk ; OLS regression ; Risk and return