Coverart for item
The Resource Do the type of sukuk and choice of shari'a scholar matter, Christophe J. Godlewski, Rima Turk and Laurent Weill

Do the type of sukuk and choice of shari'a scholar matter, Christophe J. Godlewski, Rima Turk and Laurent Weill

Label
Do the type of sukuk and choice of shari'a scholar matter
Title
Do the type of sukuk and choice of shari'a scholar matter
Statement of responsibility
Christophe J. Godlewski, Rima Turk and Laurent Weill
Creator
Contributor
Author
Issuing body
Subject
Genre
Language
eng
Summary
Sukuk, the shari'a-compliant alternative mode of financing to conventional bonds, have expanded considerably over the last decade. We analyze the stock market reaction to two key features of this financial instrument: sukuk type and characteristics of the shari'a scholar certifying the issue. We use the event study methodology to measure abnormal returns for a sample of 131 sukuk from eight countries over the period 2006-2013 and find that Ijara sukuk structures exert a positive influence on the stock price of the issuing firm. We observe a similar positive impact from shari'a scholar reputation and proximity to issuer. Overall our results support the hypotheses that the type of sukuk and the choice of scholars hired to certify these securities matter for the market valuation of the issuing company. --Abstract
Member of
Cataloging source
DJB
http://bibfra.me/vocab/lite/collectionName
IMF eLibrary
http://library.link/vocab/creatorName
Godlewski, Christophe J
Government publication
international or intergovernmental publication
Index
no index present
LC call number
HG3881.5.I58
LC item number
W67 No. 14/147 ONLINE
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/relatedWorkOrContributorName
  • Turk Ariss, Rima
  • Weill, Laurent
  • International Monetary Fund
Series statement
IMF Working Paper
Series volume
WP/14/147
http://library.link/vocab/subjectName
  • Bonds (Islamic law)
  • Securities
  • Investments (Islamic law)
  • Investment banking
  • Finance (Islamic law)
  • Islamic law
  • Bonds (Islamic law)
  • Finance (Islamic law)
  • Investments (Islamic law)
  • Islamic law
  • Securities
  • Islamic countries
Label
Do the type of sukuk and choice of shari'a scholar matter, Christophe J. Godlewski, Rima Turk and Laurent Weill
Instantiates
Publication
Copyright
Note
  • "International Monetary Fund - Middle East Center for Economics and Finance"--Page 2 of pdf
  • "August 2014"--Page 2 of pdf
Bibliography note
Includes bibliographical references (pages 14-15)
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Cover; Abstract; Contents; I. Introduction; II. Literature Review and Hypotheses Development; III. Empirical strategy; A. Methodology; B. Data; IV. Results; A. Main Estimations; B. Additional Estimations; C. Robustness Checks; V. Conclusion; References; Tables; Table 1 Composition of the Sample; Table 2 Descriptive Statistics; Table 3 Main Estimations; Table 4 Additional Estimations; Table 5 Robustness Check: Alternative Variables; Table 6 Robustness Check: Alternative Window; Appendix
Control code
886656847
Extent
1 online resource (25 pages)
Form of item
online
Isbn
9781498345194
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Specific material designation
remote
System control number
(OCoLC)886656847
Label
Do the type of sukuk and choice of shari'a scholar matter, Christophe J. Godlewski, Rima Turk and Laurent Weill
Publication
Copyright
Note
  • "International Monetary Fund - Middle East Center for Economics and Finance"--Page 2 of pdf
  • "August 2014"--Page 2 of pdf
Bibliography note
Includes bibliographical references (pages 14-15)
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Cover; Abstract; Contents; I. Introduction; II. Literature Review and Hypotheses Development; III. Empirical strategy; A. Methodology; B. Data; IV. Results; A. Main Estimations; B. Additional Estimations; C. Robustness Checks; V. Conclusion; References; Tables; Table 1 Composition of the Sample; Table 2 Descriptive Statistics; Table 3 Main Estimations; Table 4 Additional Estimations; Table 5 Robustness Check: Alternative Variables; Table 6 Robustness Check: Alternative Window; Appendix
Control code
886656847
Extent
1 online resource (25 pages)
Form of item
online
Isbn
9781498345194
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Specific material designation
remote
System control number
(OCoLC)886656847

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