The Idealization of Risk-Profit Sharing in Partnership-Based Sukuk (Islamic Bonds): Why Sukuk Are Experiencing Default?

  • RADZI R
  • SHAHARUDDIN A
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Abstract

This paper critically evaluates the practice of partnership-based or equity-based sukuk (Islamic bonds) structure in light of the problem concerning default. The study focuses on the debt characteristics built into the equity structure before and after the Accounting and …

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RADZI, R. M., & SHAHARUDDIN, A. (2018). The Idealization of Risk-Profit Sharing in Partnership-Based Sukuk (Islamic Bonds): Why Sukuk Are Experiencing Default? International Review of Management and Business Research, 7(3), 633–645. https://doi.org/10.30543/7-3(2018)-1

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