The past decade has witnessed the dynamics of ṣukūk structuring amidst legal complexities in cases involving enforcement of the rights of investors or ṣukūk holders in the event of default. This paper examines the legal and beneficial ownership in a typical sovereign ṣukūk structure and the specific rights of the parties under the existing

The short term instruments of investment are generally required for the purpose of providing liquidity facilities for banks and other financial institutions to manage the mismatch in their liquidity portfolio. The same thing goes for companies that may be in need of money to pay the salaries of their employees or to meet the mismatch of other unexp

One of the major challenges before the emerging Islamic financial Institutions is the dearth of Shariah compliant money market platform for the management of their liquidity. However, a viable panacea to the problem has been developed in Malaysia. One of the measures that were taken for the solving of the problem in the country was the creation of

One of the major potential challenges before the nascent non-interest (Islamic) banking product in Nigeria is the absence of adequate and viable Shariah-compliant instruments of liquidity management. The availability of the instrument is a sine qua non in the banking system. Conversely, Malaysia being the global hub of the Islamic banking and finan

One of the major potential challenges before the nascent non-interest(Islamic) banking product in Nigeria is the absence of adequate and viable Shariah-compliant instruments of liquidity management. The availability of the instrument is a sine qua non in the banking system. Conversely, Malaysia being the global hub of the Islamic banking and financ

The objectives of the study are to identify and rank the factors that influence students’ voting behavior before and after the International Islamic University Students’ Representative Council election, 2014. The data are collected using survey questionnaires. First, this study is conducted by focusing on students at International Islamic Unive

ABSTRACT Poor hygrothermal performance exacerbates deterioration risk from mould growth, corrosion and damage to archival materials. Improved microcomputers’ computational power has significantly advanced computational fluid dynamics (CFD) models and research developments in indoor airflow, heat transfer and contaminant transport. Nevertheless, n

Low–lying band states are one of the most fundamental excitation modes in the energy spectra of deformed nuclei. This paper presents a theoretical analysis of the properties of a deformed nuclei within the phenomenological model [1]. The normalization of the wave functions of low –lying excited band states are also calculated.IIUM Engineerin g

Islamophobia is on the rise across the world. The alarming issue, however, is Islamophobic attitudes are noticed among Muslim youths within Muslim societies. One of the root causes to develop pessimistic attitudes towards world religions is scientific worldview. In the past, scientific worldview was a threat to Christian world of West. Recently, th

Doris Lessing celebrates the realist, committed novel and laments its absence in much of modern literature. Her theory of literature emanates from an understanding of good and evil and has an instructive function. Accordingly, she admires nineteenth-century realist novelists and commends their efforts to document and question unjust social practice