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1- What is the rationale for embedding options within sukuk? In what way does it make sukuk more Shariah compliant?
1- What is the rationale for embedding options within sukuk? In what way does it make sukuk more Shariah compliant?
2- Compare and contrast the istijrar contract with its closest conventional contract. What are the main similarities and differences?
3- Which conventional derivative contract does a bay' al-salam contract closely resemble? What are the similarities and differences? What common problems are applicable to both bay' al-salam and the conventional contract?
4- Differentiate between bay' al-salam, istisna, and joala contracts. What are the similarities and differences?
