short term sukuk IILM – Jurnal Pengurusan /jurnalpengurusan Sun, 09 Oct 2022 04:28:53 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 Analisis terhadap Aset Sandaran Alternatif bagi Penerbitan Sukuk Jangka Pendek oleh International Islamic Liquidity Management (IILM) /jurnalpengurusan/article/analisis-terhadap-aset-sandaran-alternatif-bagi-penerbitan-sukuk-jangka-pendek-oleh-international-islamic-liquidity-management-iilm/?utm_source=rss&utm_medium=rss&utm_campaign=analisis-terhadap-aset-sandaran-alternatif-bagi-penerbitan-sukuk-jangka-pendek-oleh-international-islamic-liquidity-management-iilm Sat, 08 Oct 2022 08:44:21 +0000 /jurnalpengurusan/?post_type=article&p=2336 Underlying asset is vital in sukuk issuance. However, physical underlying asset may not be sufficient to issue sukuk regularly. This article intends to analyse the alternative underlying assets for short-term sukuk issuance. A case study on short-term sukuk was conducted at a multilateral company known as the International Islamic Liquidity Management (IILM). By using the interview method, this research found that the usage of wakalah contract in the issuance of sukuk is the best way to reduce the usage of physical assets. Other alternatives which may be used to overcome the lack of the underlying assets is perhaps a light asset consists of air time and electricity tarif, private assets or micro financing or loose High Quality Liquid Asset (HQLA) term and conditions.

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