Record Details

Accounting Issues in Sukuk Issuance

International Journal of Islamic Economics and Finance Studies

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Field Value
 
Title Accounting Issues in Sukuk Issuance
 
Creator Biancone, Paolo Pietro
Shakhatreh, Mohammad Ziad
 
Description This research aims to establish an accounting guideline for Sukuk issuance in non-financial companies and it has a special significance in solving various accounting problems during the Sukuk issuing process. Online survey has been conducted to obtain the accountants’, academic and professional perceptions about the research questions, it covers several accounting issues, and it had received 25 on-line responses. In conclusion, we point, among other things, that the IFRS are accepted to account for Sukuk transactions, as using Special Purpose Vehicle is necessary to issue Sukuk, it should be consolidated by the Originator as well; it showed that Sukuk certificate could represent ownership of assets, represent liability or claim on the SPV and Right of usufruct of Assets. But the biggest part of respondents replied that Sukuk certificate should appear under liability.
 
Publisher www.pesar.org
 
Contributor
 
Date 2016-12-12
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://ijisef.org/index.php/IJISEF/article/view/151
 
Source International Journal of Islamic Economics and Finance Studies; Vol 2, No 3 (2016): November/Kasım 2016
Uluslararası İslam Ekonomisi ve Finansı Araştırmaları Dergisi; Vol 2, No 3 (2016): November/Kasım 2016
2149-8407
2149-8393
 
Language eng
 
Relation http://ijisef.org/index.php/IJISEF/article/view/151/71
 
Rights Copyright (c) 2016 International Journal of Islamic Economics and Finance Studies
http://creativecommons.org/licenses/by-nc-sa/4.0