Instruments for Meeting Capital Adequacy Requirements Under Basel III : A Sharīʻah Perspective

Beebee Salma Sairally, Marjan Muhammad, Madaa Munjid Mustafa
  • ISRA International Journal of Islamic Finance, June 2013, Emerald
  • DOI: 10.12816/0002765

Instruments for Meeting Capital Adequacy Requirements Under Basel III: A Shariah Perspective

What is it about?

This research will compare the qualifying Additional Tier-1 (AT1) and Tier-2 capital instruments under Basel III. In particular, the research will examine the Shariah issues, especially related to subordination, arising in both equity-based and exchange-based contracts when used for structuring AT1 and T2 capital instruments

Why is it important?

The paper is important as it proposes the most appropriate Shariah contracts relevant for structuring AT1 and T2 capital instruments.

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http://dx.doi.org/10.12816/0002765

The following have contributed to this page: Dr Salma Beebee Sairally