Godlewski, Christophe; Turk-Ariss, Rima; Weill, Laurent - Laboratoire de Recherche en Gestion (LaRGE), Institut … - 2014
Sukuk, the shari’a-compliant alternative mode of financing to conventional bonds, have considerably expanded over the last decade. We analyze the stock market reaction to two key features of sukuk: type and characteristics of the shari’a scholar certifying the issue. We use the event study...