Sukuk Securities: New Ways of Debt Contracting

Acknowledgments

This book is a result of a major scholarship grant from the Khazanah Nasional Holding (a Sovereign Wealth Fund) to the University Putra Malaysia. This led to an international collaboration, with one of the authors of this book coming from Australia to Malaysia over a seven-year period to do joint research. Apart from our sincere gratitude to this funding source, our sincere gratitude is also extended to the Maybank Endowment at the University Putra Malaysia, which facilitated the joint research.

Several industry people extended their helping hands. Two we would like to name are Meor Amri Meor Ayob of Bond Pricing Agency Malaysia and Dr. Yeah Kim Leng of Bond Rating Agency Malaysia, both of whom made it possible for us to access data and expertise at their respective firms. Mervyn Lewis, in Adelaide, Australia, and Michael Skully and Abdullah Saeed, both in Melbourne, Australia, deserve a special mention for their continued joint work on Islamic finance research that has added a fair amount of new knowledge to this fledgling field of study.

To the numerous others who participated in the making of this book, we owe an intellectual debt for sharing their ideas, time, and expertise.

We owe an intellectual debt to Peter Casey for his permission to reproduce a chapter on regulatory lessons (Chapter 9). He is an experienced regulator of sukuk markets with experience in the United Kingdom and United Arab Emirates. Equally important, we thank Abdullah Saeed and Omar ...