Infrastructure Financing Through Islamic Sukuk: Case Studies in Malaysia Le Financement d'Infrastructures par les Sukuk Islamiques : Études de Cas en Mala1isie

Main Article Content

Ahmed MEDANI

Abstract

This paper examines the prominent role of sukuk in financing infrastructure
investments in Malaysia by addressing the reality of the global infrastructure market, the
reality and performance of the sukuk market and its contribution to financing
infrastructure investments in general and in Malaysia in particular, through a presentation
of three leading models are: DanaInfra Retail Sukuk, Khazanah Ihsan Sukuk and
Green SRI Sukuk Tadau.

Article Details

How to Cite
MEDANI, A. (2019). Infrastructure Financing Through Islamic Sukuk: Case Studies in Malaysia Le Financement d’Infrastructures par les Sukuk Islamiques : Études de Cas en Mala1isie. Finance and Business Economies Review, 3(2), 2–19. Retrieved from https://jiamcs.centre-univ-mila.dz/index.php/fber/article/view/503
Section
Articles

References

Asian Development Bank (2015), Local currency bonds and infrastructure finance

in ASEAN+3, Mandaluyong City, Philippines, Asian Development Bank.

Asian Development Bank (2016), ASEAN+3 bond market guide 2016 Malaysia,

Mandaluyong City, Philippines: Asian Development Bank.

Bank Negara Malaysia (2015), The Financial Stability and Payment Systems

Report 2015, Malaysia.

COMCEC (2019), Infrastructure Financing through Islamic Finance in the

Islamic Countries, Ankara, TURKEY.

DanaInfra Nasional Berhad (2014), Retail Sukuk (Knowledge pack).

Fadma El Mosaid & Rachid Boutti (2014), Sukuk and Bond Performance in

Malaysia, International Journal of Economics and Finance, Canadian Center of Science

and Education, Canada.

International Islamic Financial Market (IIFM) (2016), Sukuk report (A

comprehensive study of the Global Sukuk Market), 5th Edition, Manama, Kingdom of

Bahrain.

Islamic Financial Services Board (2018), Islamic Financial Services Industry,

Stability Report, Bank Negara Malaysia, Kuala Lumpur, Malaysia.

Nik Mohamed Din Nik Musa (2015), Role of Islamic finance in infrastructure

financing : Financing Sources for Public-Private Partnerships (PPP) Sub-Regional

Expert Group Meeting (EGM) for South-East Asian Countries, Bank Negara

Malaysia, Kuala Lumpur, Malaysia.

Noor Suhaida Kasri (2018), Khazanah SRI Sukuk Case Study, 2nd Islamic Finance

Intellectual Discourse Sustainable Development Goals: Way Forward in Islamic

Finance 22 February 2018, Putrajaya, Malaysia.

Plus Malaysia Berha. (2016), Sukuk for infrastructure – Malaysia Experience,

Malaysia.

Preqin Global Infrastructure Report -2016) - Sample Pages, New York.

PwC and GIIA (2017), Global infrastructure investment : The role of private

capital in the delivery of essential assets and services.

PwC and Oxford Economics (2017), Global Infrastructure Outlook.

Rafe Haneef (2016), Retail Sukuk and SRI Sukuk: The Malaysian Experience, 1st

Annual Islamic Finance Conference, Jakarta.

Sohail Jaffer (2015), Infrastructure sukuk, FWU Global Takaful Solutions.

Ambrose (2016), Size of Sukuk Market, IIFM, Islamic finance, website:

https://www.islamicfinance.com/2016/04/size-sukuk-market-2015-iifm/(Visited :

/08/2018)

Capital markets of Malaysia (2017), MALAYSIA LEADS GLOBAL SUKUK

MARKET REBOUND, website : http://www.capitalmarketsmalaysia.com/malaysialeads-

global-sukuk-market-rebound/ (Visited: 18/08/2018).

BorneoPost online (2017), Malaysia remains global leader in sukuk market in

- RAM Ratings, website: http://www.theborneopost.com/2017/01/30/malaysiaremains-

global-leader-in-sukuk-market-in-2016-ram-ratings/ (Visited : 19/08/2018.

DanaInfra Nasional Berhad (2017), About us, website :

http://www.danainfra.com.my/index.php?option=com_content&view=article&id=233&

Itemid=304 (Visited : 22/08/2018.

Ahmad, Aijaz (2017), Tapping Islamic finance for infrastructure development,

Infrastructure & Public-Private Partnership Blog, see the link:

http://blogs.worldbank.org/ppps/tapping-islamic-finance-infrastructure-development

(27/3/2019)

CICERO (2017), Second Opinion on Tadau Energy’s Green Sukuk Framework,

July 2017, see the link: http://tadau.com.my/second-opinion-on-tadau-energy-greensukuk-

framework-final24072017.pdf (29/3/2019).

Boey, Kit Yin (2017), Islamic issue, Malaysia Capital Markets Deal, IFRAsia, see

the link :

http://www.ifrasia.com/islamic-issue-malaysia-capital-markets-deal/21320965.

fullarticle (01/04/2019).