Sukuk risks – a structured review of theoretical research

Dr Rashedul Hasan is a Senior Lecturer in the Faculty of Business, Communication and Law, INTI International University, Malaysia. He has completed his BBA (Accounting and Finance) and MBA (Finance) from American International University Bangladesh (AIUB) with Summa Cum Laude distinction and his PhD in Accounting at International Islamic University Malaysia (IIUM). His research interests include Islamic Accounting and Finance, Voluntary Disclosure, Sustainability and Corporate Governance. Papers published by Hasan have appeared in Journal of Islamic Economics, Banking and Finance, Islamic Economic Studies, Thunderbird International Business Review and International Finance Review. Dr Rashedul has presented papers at several international conferences including 11th International Conference on Islamic Economics and Finance (ICIEF, 2017) and 6th International Conference on Islamic Jurisprudence (ICIJ, 2017). At present, Hasan is serving as an editorial board member for Business and Management Studies Journal.

Dr Abu Umar Faruq Ahmad is currently an Associate Professor of Institute of Policy Studies (IPS), Universiti Brunei Darussalam, Brunei. Dr Ahmad holds a BA (Hons.) in Shari`ah from Islamic University of Madinah, Master of Laws (Hons.) and PhD (with High Distinction) from Western Sydney University, Australia. Dr Ahmad’s key teaching and research expertise lies in the areas of Shari`ah, Islamic Jurisprudence, Islamic Law of Transaction, Business Ethics and Corporate Social Responsibility, and Laws and Regulations of Islamic Finance. His research focuses on Shari`ah compliance of Islamic banks’ products and structures, the opportunities and challenges of Islamic finance, case studies of Islamic banks and financial institutions, Islamic insurance and reinsurance, Islamic micro finance, Sukuk and dispute resolution in Islamic banking and finance. In addition, he has presented over 50 scholarly research papers at international conferences held in the USA, Ireland, Australia, UAE, Saudi Arabia, Turkey, Brunei, Qatar, Sudan, Nigeria, Malaysia, Indonesia, Bangladesh and Pakistan.

Dr Ahmad has a significant number of published peer-reviewed refereed journal articles, books, chapters in edited books, conference proceedings and other intellectual contributions to his credit, is the author of a monograph, Theory and practice of modern Islamic finance: the case analysis from Australia (BrownWalker Press, USA, 2009), and Developments in Islamic banking practice: the evidence from Bangladesh (Universal Publishers, USA, 2010). He has also co-authored a book, Principles and practices of Islamic microfinance for a global economy: the case of Bangladesh (LAP LAMBERT, Germany, 2011). He has published in Arab Law Quarterly, International Journal of Law and Management, Thunderbird International Business Review, American Journal of Islamic Social Science, Review of Islamic Economics, Humanomics: The International Journal of Systems and Ethics, International Journal of Islamic and Middle Eastern Finance and Management, Journal of King Abdulaziz University: Islamic Economics, The Global Journal of Finance and Economics, Australian Journal of Basic and Applied Sciences, among others. Dr Ahmad currently leads Islamic Economics and Finance Cluster at UBDSBE. His current editorial roles include serving as founding editor, senior editor, editorial advisory board member of a plethora of internationally reputed refereed journals including some of those published by Emerald Group Publishing, UK.

Tamiza Parveen has completed her MSc in Finance and currently pursuing her PhD in Business Administration at International Islamic University Malaysia (IIUM). She has completed her BBA in Accounting and Finance and MBA in Finance from American International University Bangladesh (AIUB) with distinction. Her research interests include Islamic Finance, Takaful and Sukuk. Tamiza has published papers on Sukuk risk and Islamic bank performance in international peer-reviewed journals.