Evaluation of regulatory and practices on disclosure for Sukuk in Saudi Arabia

Financial market authorities demand participants in the market to disclose relevant information to the public. So that to prevent the utilization of individuals, less informed, and minority investors by exporting companies, in the ground of Islamic capital markets, particularly in sukuk markets, in...

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Main Authors: Al-Harbi, Abdullah Dhaidan, Ab Rahman, Suhaimi
Format: Article
Language:English
Published: AESS Publications 2018
Online Access:http://psasir.upm.edu.my/id/eprint/72643/
http://psasir.upm.edu.my/id/eprint/72643/1/Evaluation%20of%20regulatory%20and%20practices%20on%20disclosure%20for%20Sukuk%20in%20Saudi%20Arabia.pdf
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author Al-Harbi, Abdullah Dhaidan
Ab Rahman, Suhaimi
author_facet Al-Harbi, Abdullah Dhaidan
Ab Rahman, Suhaimi
author_sort Al-Harbi, Abdullah Dhaidan
building UPM Institutional Repository
collection Online Access
description Financial market authorities demand participants in the market to disclose relevant information to the public. So that to prevent the utilization of individuals, less informed, and minority investors by exporting companies, in the ground of Islamic capital markets, particularly in sukuk markets, in order to achieve the bargain by applying the principle of avoiding excessive uncertainty and reducing asymmetry information between different parties in the sukuk contract, where disclosure of specific information is required by Islamic law authorities. Certainly this disclosure is the first layer to protect investor and consumer. Information relating to Sukuk investment is disclosed not only at the time of issue but also thereafter. This is a special trend of the sukuk market. The main objective of this paper is to assess the disclosure regulations within the presentation process and the secondary market activities of sukuk in Saudi Arabia.
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spelling upm-726432020-11-19T02:41:58Z http://psasir.upm.edu.my/id/eprint/72643/ Evaluation of regulatory and practices on disclosure for Sukuk in Saudi Arabia Al-Harbi, Abdullah Dhaidan Ab Rahman, Suhaimi Financial market authorities demand participants in the market to disclose relevant information to the public. So that to prevent the utilization of individuals, less informed, and minority investors by exporting companies, in the ground of Islamic capital markets, particularly in sukuk markets, in order to achieve the bargain by applying the principle of avoiding excessive uncertainty and reducing asymmetry information between different parties in the sukuk contract, where disclosure of specific information is required by Islamic law authorities. Certainly this disclosure is the first layer to protect investor and consumer. Information relating to Sukuk investment is disclosed not only at the time of issue but also thereafter. This is a special trend of the sukuk market. The main objective of this paper is to assess the disclosure regulations within the presentation process and the secondary market activities of sukuk in Saudi Arabia. AESS Publications 2018-07 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/72643/1/Evaluation%20of%20regulatory%20and%20practices%20on%20disclosure%20for%20Sukuk%20in%20Saudi%20Arabia.pdf Al-Harbi, Abdullah Dhaidan and Ab Rahman, Suhaimi (2018) Evaluation of regulatory and practices on disclosure for Sukuk in Saudi Arabia. International Journal of Asian Social Science, 8 (7). 448 - 453. ISSN 2226-5139; ESSN: 2224-4441 https://ideas.repec.org/a/asi/ijoass/2018p448-453.html 10.18488/journal.1.2018.87.448.453
spellingShingle Al-Harbi, Abdullah Dhaidan
Ab Rahman, Suhaimi
Evaluation of regulatory and practices on disclosure for Sukuk in Saudi Arabia
title Evaluation of regulatory and practices on disclosure for Sukuk in Saudi Arabia
title_full Evaluation of regulatory and practices on disclosure for Sukuk in Saudi Arabia
title_fullStr Evaluation of regulatory and practices on disclosure for Sukuk in Saudi Arabia
title_full_unstemmed Evaluation of regulatory and practices on disclosure for Sukuk in Saudi Arabia
title_short Evaluation of regulatory and practices on disclosure for Sukuk in Saudi Arabia
title_sort evaluation of regulatory and practices on disclosure for sukuk in saudi arabia
url http://psasir.upm.edu.my/id/eprint/72643/
http://psasir.upm.edu.my/id/eprint/72643/
http://psasir.upm.edu.my/id/eprint/72643/
http://psasir.upm.edu.my/id/eprint/72643/1/Evaluation%20of%20regulatory%20and%20practices%20on%20disclosure%20for%20Sukuk%20in%20Saudi%20Arabia.pdf