In the process of Sukuk issuance the doctrine of Tawarruq (special purpose vehicle) is used to securitize the instrument in the primary market, while in the secondary market, bay'al-Dain is used in order to legalize reselling of the bonds. Such process is mostly used in the …
CITATION STYLE
Billah, M. M. (2019). Sukuk Paradigm and Structure. In Islamic Financial Products (pp. 299–325). Springer International Publishing. https://doi.org/10.1007/978-3-030-17624-2_23
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