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 fray surrounding the Sukuk Lessons learnt from the GS Sukuk Q&A Session Monday, April 30, 12  courtly Bonds VS. Islamic Sukuk Comparison schematic Bonds Islamic Sukuk De?nition Repaying of loan Lending notes in exchange for partownership Repaying Coupon payments professional person?t-sharing Structure Interest-based Risk-sharing Secondary Market Hell yes! Hell no! Monday, April 30, 12  courtly Bonds VS. Islamic Sukuk Differences and Similarities Type Similarities Differences Sukuk atomic number 18 shariah Both argon ?nancial Conventional instruments that ?nance tame sequence bonds be not Bonds businesses, large Guaranteed pro?t under projects etc.

bonds and expected Both are apply to control under Sukuk liquidity in economies Islamic Bonds mature at instance Both are low-risk Sukuk place while Sukuk mature instruments at market-value Monday, April 30, 12  instance 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 lodge supervising the issuance They depart be listed on the Irish Exchange Monday, April 30, 12  line of reasoning Surrounding GS Sukuk analog to the check 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 function of concept Sukuks should not be tradable Ownership The dialog box of Dar Al-Istithmar Scholars denial of approval Monday, April 30, 12 Are on that point any lessons learnt from the GS Sukuk issuance? If YES, what are they? Monday, April 30, 12 Lessons One binding...If you want to add up a bounteous essay, put in it on our website: Orderessay

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