MAC3613 ISLAMIC FINANCE MANAGEMENT

TUTORIAL 6 – DEBT MARKET BASED ON SHARIAH CONCEPT

QUESTION 1

a. Explain THREE (3) roles of Bursa Malaysia. (6 Marks)

b. Name TWO (2) types of indexes regulated by Bursa Malaysia. (2 Marks)
c. Briefly explain a stock market index. (2 Marks)
d. Briefly explain the Islamic Stock market index. (2 Marks)

QUESTION 2

a. List FIVE (5) roles of Securities Commission of Malaysia. (10 Marks)

QUESTION 3

a. Define ‘conventional bonds.’ (2 Marks)

b. Define ‘sukuk’ in literal and technical point of view. (4 Marks)
c. Briefly explain THREE (3) types of sukuk
d. List FIVE (5) principles that approved for the sukuk issuance by the Securities Commission of
Malaysia. (5 Marks)

QUESTION 4

a. Discuss the sukuk al-ijarah structure by providing an appropriate diagram. (11 Marks)
b. Discuss the sukuk as-salam by providing an appropriate diagram. (15 Marks)

QUESTION 5

a. Explain FIVE (5) differences of conventional bonds and Islamic bonds / sukuk. (20 Marks)