Sukuk Issuance in China: Trends and Positive Expectations

Volume: 6 Number: 4 September 1, 2016
  • Ding Bo
  • Engku Rabiah Adawiah Engku Ali
  • Buerhan Saiti
EN

Sukuk Issuance in China: Trends and Positive Expectations

Abstract

The paper assesses the potential and importance of Sukuk issuance in China. The research proposes that Sukuk can be used as an alternative financing instrument to materialise the “One Belt One Road” strategy. Hong Kong as a gateway of China had launched two Sukuks in 2014 and 2015 respectively. This paper analyzes the two sovereign Sukuk issuances out of Hong Kong in the last three years. Meanwhile, by conducting un-structured interviews of the potential issuers and related scholars, it is found that Sukuk issuance in China will face some challenges such as policies and regulations of Sukuk, tax and stamp duty issues, investors’ protection, establishing of Shariah Supervisory Committee, etc. However “One Belt One Road” initiative provides the best opportunity for Sukuk to move forward in China.

Keywords

Details

Primary Language

English

Subjects

-

Journal Section

-

Authors

Ding Bo This is me

Engku Rabiah Adawiah Engku Ali This is me

Buerhan Saiti This is me

Publication Date

September 1, 2016

Submission Date

September 1, 2016

Acceptance Date

-

Published in Issue

Year 2016 Volume: 6 Number: 4

APA
Bo, D., Ali, E. R. A. E., & Saiti, B. (2016). Sukuk Issuance in China: Trends and Positive Expectations. International Review of Management and Marketing, 6(4), 1020-1025. https://izlik.org/JA29WC67XW
AMA
1.Bo D, Ali ERAE, Saiti B. Sukuk Issuance in China: Trends and Positive Expectations. IRMM. 2016;6(4):1020-1025. https://izlik.org/JA29WC67XW
Chicago
Bo, Ding, Engku Rabiah Adawiah Engku Ali, and Buerhan Saiti. 2016. “Sukuk Issuance in China: Trends and Positive Expectations”. International Review of Management and Marketing 6 (4): 1020-25. https://izlik.org/JA29WC67XW.
EndNote
Bo D, Ali ERAE, Saiti B (September 1, 2016) Sukuk Issuance in China: Trends and Positive Expectations. International Review of Management and Marketing 6 4 1020–1025.
IEEE
[1]D. Bo, E. R. A. E. Ali, and B. Saiti, “Sukuk Issuance in China: Trends and Positive Expectations”, IRMM, vol. 6, no. 4, pp. 1020–1025, Sept. 2016, [Online]. Available: https://izlik.org/JA29WC67XW
ISNAD
Bo, Ding - Ali, Engku Rabiah Adawiah Engku - Saiti, Buerhan. “Sukuk Issuance in China: Trends and Positive Expectations”. International Review of Management and Marketing 6/4 (September 1, 2016): 1020-1025. https://izlik.org/JA29WC67XW.
JAMA
1.Bo D, Ali ERAE, Saiti B. Sukuk Issuance in China: Trends and Positive Expectations. IRMM. 2016;6:1020–1025.
MLA
Bo, Ding, et al. “Sukuk Issuance in China: Trends and Positive Expectations”. International Review of Management and Marketing, vol. 6, no. 4, Sept. 2016, pp. 1020-5, https://izlik.org/JA29WC67XW.
Vancouver
1.Ding Bo, Engku Rabiah Adawiah Engku Ali, Buerhan Saiti. Sukuk Issuance in China: Trends and Positive Expectations. IRMM [Internet]. 2016 Sep. 1;6(4):1020-5. Available from: https://izlik.org/JA29WC67XW