Thursday, November 26, 2020

Pricing Mechanism of Sukuk

Good introductory article on Sukuk below.

https://ideas.repec.org/a/bor/bistre/v19y2019is1p21-33.html

Another article - Excerpt by Fitch Rating:

"The discontinuance of LIBOR could adversely affect the value of floating-rate sukuk referencing LIBOR or any other such benchmark. Sukuk also face the complexity of ensuring sharia compliance throughout the transition process. However, the bulk of the sukuk market is fixed-rate and so unaffected by the IBOR transition."




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Sinkhole - A Natural Depression

Sinkhole is a natural depression. Sinkholes are all about water.  Image: WaterMatters.org Image: CartoonStock