When and why firms issue sukuk?

Keyphrases

• Sukuk 100%
• Issuer 60%
• Investor Reaction 60%
• Abnormal Returns 30%
• Sukuk Issuance 30%
• Reaction Model 20%
• Financial Characteristics 20%
• Difference in Mean 10%
• Design Methodology 10%
• Linear Regression 10%
• Logistic Regression 10%
• Complete Set 10%
• Negative Reactivity 10%
• Selection Bias 10%
• Book-to-market Ratio 10%
• Paper-based Test 10%
• Announcement Date 10%
• Data Availability 10%
• Data Reliability 10%
• Market Model 10%
• Bias-free 10%
• Risk Sharing 10%
• Conventional Bonds 10%
• Dividends 10%

Economics, Econometrics and Finance

• Bond 100%
• Investors 69%
• Profit 30%
• Event Study 23%
• Logit Model 7%
• Risk-Sharing 7%