International Finance and Accounting


In recent years, the interest of many countries in the Islamic financial instrument has been growing. Sukuk is one such instrument that combines stocks and bonds. Although this Islamic financial instrument has been described in foreign literature and publications as “sukuk bonds,” it does not reflect the nature of debt bonds. The article examines the current state of Islamic financial instrument sukuk securities. The characteristics of the sukuk financial instrument are highlighted and the similarities and differences with the bonds are highlighted. It also analyzes the sukuk market and their value, the dynamics of growth over the years, the share of countries.


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