Prediction the Capacity of Sukuk’s Issuance in Iran
The latest instrument in Islamic financial market is Sukuk securities. Sukuk is a flexible stock securities that can meet the financial needs of firms in the capital markets. However, Sukuk is considered as an alternative investment securities for bonds that receive usury which is forbidden in Isl...
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Imam Sadiq University
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doaj-956f50fa0a4a416fb5a221fbb2d8683b2021-04-02T16:41:50ZfasImam Sadiq Universityتحقیقات مالی اسلامی (پیوسته)2251-82902588-65842012-04-011257871523Prediction the Capacity of Sukuk’s Issuance in IranAli Hassanzadeh0Azam Ahmadian1PhD in Economics Associate Professor of Monetary and Financial InstitutePhD student in Economics, Allameh Tabatabai UniversityThe latest instrument in Islamic financial market is Sukuk securities. Sukuk is a flexible stock securities that can meet the financial needs of firms in the capital markets. However, Sukuk is considered as an alternative investment securities for bonds that receive usury which is forbidden in Islam. The growth of sukuk market in recent years, mainly due to its role in monitoring and controlling the liquidity and the liquidity management at the macro and micro (firm) levels is one of the factors that can lead to the development of Islamic financial markets. Considering the importance of sukuk issuance as well as its role in liquidity management and financing investments, this paper try to estimate the potential capacity of Sukuk issuance in Iran and to forecast its issuance capability in the coming years at the country. However, at first by applying the panel data and time series 2000-2009, the suitable model for sukuk has been designed and then, the capacity of Sukuk issuance in Iran would be predicted by using vector regression method and time series 1973-2009.http://ifr.journals.isu.ac.ir/article_1523_7386cdfbde400a2d488aa75e6ea062a6.pdfsukukpanel datavector regressionislamic financing |
collection |
DOAJ |
language |
fas |
format |
Article |
sources |
DOAJ |
author |
Ali Hassanzadeh Azam Ahmadian |
spellingShingle |
Ali Hassanzadeh Azam Ahmadian Prediction the Capacity of Sukuk’s Issuance in Iran تحقیقات مالی اسلامی (پیوسته) sukuk panel data vector regression islamic financing |
author_facet |
Ali Hassanzadeh Azam Ahmadian |
author_sort |
Ali Hassanzadeh |
title |
Prediction the Capacity of Sukuk’s Issuance in Iran |
title_short |
Prediction the Capacity of Sukuk’s Issuance in Iran |
title_full |
Prediction the Capacity of Sukuk’s Issuance in Iran |
title_fullStr |
Prediction the Capacity of Sukuk’s Issuance in Iran |
title_full_unstemmed |
Prediction the Capacity of Sukuk’s Issuance in Iran |
title_sort |
prediction the capacity of sukuk’s issuance in iran |
publisher |
Imam Sadiq University |
series |
تحقیقات مالی اسلامی (پیوسته) |
issn |
2251-8290 2588-6584 |
publishDate |
2012-04-01 |
description |
The latest instrument in Islamic financial market is Sukuk securities. Sukuk is a flexible stock securities that can meet the financial needs of firms in the capital markets. However, Sukuk is considered as an alternative investment securities for bonds that receive usury which is forbidden in Islam. The growth of sukuk market in recent years, mainly due to its role in monitoring and controlling the liquidity and the liquidity management at the macro and micro (firm) levels is one of the factors that can lead to the development of Islamic financial markets. Considering the importance of sukuk issuance as well as its role in liquidity management and financing investments, this paper try to estimate the potential capacity of Sukuk issuance in Iran and to forecast its issuance capability in the coming years at the country. However, at first by applying the panel data and time series 2000-2009, the suitable model for sukuk has been designed and then, the capacity of Sukuk issuance in Iran would be predicted by using vector regression method and time series 1973-2009. |
topic |
sukuk panel data vector regression islamic financing |
url |
http://ifr.journals.isu.ac.ir/article_1523_7386cdfbde400a2d488aa75e6ea062a6.pdf |
work_keys_str_mv |
AT alihassanzadeh predictionthecapacityofsukuksissuanceiniran AT azamahmadian predictionthecapacityofsukuksissuanceiniran |
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1721555737830752256 |