Alam, Nafis; Bhatti, Muhammad; Wong, James T.F. - In: Managerial Finance 44 (2018) 6, pp. 665-687
Purpose: The purpose of this paper is to investigate the default characteristics of Sukuk issues by corporate firms in Malaysia using value-at-risk (VaR) techniques over a period of 16 years from 2000 to 2015 and across nine economic sectors. Design/methodology/approach: The paper employs...