Growth & development of Islamic capital market and takaful
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Emerges out of rising demand for long term capital. Long term capital are for large and long-term investments, development projects, and starting and expanding businesses. Islamic capital market (ICM) is also crucial in mitigating risks associated with long term financing, asset & liability mismatch of financial institutions. The common products are: Shariah-compliant stocks, sukuks, Islamic funds, and private equities.
islamic capital market , Takaful
Alhabshi, Syed Othman. (2016, September 5-6). Growth & development of Islamic capital market and takaful. Paper presented at World Islamic Finance Forum, "Roadmap for Future and Critical Success Factors, at Karachi, Pakistan.