Programme Introduction 00m 57s
In this module, we will look at a conventional bond and how it is defined and how it operates in practice.
Bonds 20m 33s
In this module, we will be comparing Bonds and Loans by highlighting both their similarities and key differences against each other.
In this module, we are going to look at market data from the global Sukuk market.
In this module, we are going to begin the process of how to structure a solution for a Sukuk.
In this module, we will take the first steps in terms of trying to structure a Sukuk product.
Constructing a Sukuk 16m 02s
In this module, we will continue to look at the idea of using a Commodity Murabaha structure as a potential solution for a Sukuk.
In this module, we will continue on our search for a better structure for our Sukuk. We have looked at using Murabaha and decided it is not the best structure for global Sukuks, due to the lack of liquidity and trading.
Improving on Murabaha 09m 27s
In this module, will introduce a working definition what a Sukuk actually is, look at some of the key aspects of this definition, we will summarise the stage we have reached so far in the structuring process, and outline the next steps we are going to take.
In this module, we will recap the basic flows we have created for an Ijara Sukuk, discuss the possibility of using other structures for a Sukuk product, build out the skeleton structure we have, and look to identify some of the key areas we need to consider.
In this module, we will analyse how the market price of the asset at maturity of the Sukuk can pose a real risk to either the Investors and the SPV, or to the Obligor.
In this module, we will continue to build out our structure. Having previously looked at asset price risk, we will now focus on asset performance risk.
Periodic Profit Payments 16m 41s
In this module, we will address the key issue of asset performance - What happens if the assets earn more than the investors are expecting? And also, what happens if the assets do not generate enough income to meet investors expectations?
Handling Profit Payment Risk 30m 05s
In this module, we will look at how the cash flows from the profit generation are managed. We will understand how these cash flows generated will result in a potential mismatch when compared to the required profit payments to investors. We will investigate ways in which this mis-match can be managed, so that the investors receive the profit payments they expect, and at the time they expect to receive them.
Profit Reserve Account 22m 40s
In this module, we will complete the process to develop the final structure for a Sukuk al Ijara, and introduce the concept of a true sale.
Ijara Sukuk Structure 27m 06s
|Duration||4h 31m 15s|
|Last Updated||10 Jul 2019|