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Establishing a legal framework for sovereign sukuk issuance : a public debt management perspective (English)

A strong legal framework that forms the basis for the activities of debt managers is crucial for enabling an effective public debt management function. This paper aims to complement discussions on the legal foundations of debt management by detecting and discussing essential elements that allow the government to issue sukuk, the equivalent of bonds, in Islamic finance. Drawing on the cases of recent sovereign issuers, these discussions begin ...
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Balibek,Emre.

Establishing a legal framework for sovereign sukuk issuance : a public debt management perspective (English). MFM Discussion Paper No.18 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/907001497472893193/Establishing-a-legal-framework-for-sovereign-sukuk-issuance-a-public-debt-management-perspective

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