This study investigates the factors that promote a bank borrower to issue sukuk rather than
conventional debt security in Malaysia and Indonesia from 2000 to 2014. First, our empirical …

This paper investigates the determinants and their factors that affect governments' decision
to employ sovereign Sukuk over conventional bonds; the research is based on a sample of …

The theory of capital structure claims that the optimal amount of debt and equity offer trade-
off benefits due to the cost and benefit effect. However, the fact yet remains puzzled whether …