Goldman Sachs Sukuk

Lessons learnt from Goldman Sachs Sukuks?! Muath (@Mo3atho) Mohannad (@Muhannad-123) Omar Alkabbani Monday, April 30, 12 Outline Overview of Sukuk Overview of the GS Sukuk line of reasoning surrounding the Sukuk Lessons learnt from the GS Sukuk Q&A Session Monday, April 30, 12  courtly Bonds VS. Muslim Sukuk Comparison accomplished Bonds Islamic Sukuk De?nition Repaying of loan Lending silver in exchange for partownership Repaying Coupon payments pro?t-sharing Structure Interest-based Risk-sharing Secondary Market Hell yes! Hell no! Monday, April 30, 12  effected Bonds VS. Islamic Sukuk Differences and Similarities Type Similarities Differences Sukuk nuclear number 18 shariah Both argon ?nancial Conventional instruments that ?nance tame while bonds argon not Bonds businesses, large Guaranteed pro?t under projects etc.

bonds and expected Both are utilise to control under Sukuk liquidity in economies Islamic Bonds mature at panorama Both are low-risk Sukuk measure while Sukuk mature instruments at market-value Monday, April 30, 12  employment of Current Sukuk Monday, April 30, 12 Overview of the GS Sukuk Worth 2 billion Dollars of Sukuk 8 Islamic scholars have approved the takings Dar Alistithmar is the banking company supervising the issuance They depart be listed on the Irish Exchange Monday, April 30, 12  line Surrounding GS Sukuk analog to the revolutionize Tawarruq Contract Where will the money go? Cheaper rates? metre/Instrument Sukuk 2010 5.375% 4.74% 2011 Monday, April 30, 12 Bonds 5.97% 4.09% Controversy Surrounding GS Sukuk Islamic rule usage of concept Sukuks should not be tradable Ownership The senesce of Dar Al-Istithmar Scholars denial of approval Monday, April 30, 12 Are in that respect any lessons learnt from the GS Sukuk issuance? If YES, what are they? Monday, April 30, 12 Lessons One binding...If you want to redeem a bounteous essay, outrank it on our website: Orderessay

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