عنوان مقاله [English]
نویسندگان [English]چکیده [English]
Islamic finance industry is rapidly developing and one of the consequences of this development is the emergence of Islamic capital market and the structure of its products and financial activities is consistent with shariah. Istisna' sukuk is one of the appropriate tools in Islamic finance. Undoubtedly, emerging and developing of Istisna' sukuk as a securitiy can extend investor's choices and cause prosperity and efficiency in security market.
Acceptance of Istisna' sukuk in financial market depends on identifying, analysis and management of its risks. Without assessing potential and present risks, its acceptance may be failed. These risks are two parts: (i) Primary market, (ii) Secondary market.
Because of unavoidable impacts of risks in Istisna' sukuk like other securities, this paper through the descriptive methodology analyze risks of Istisna' sukuk and tries to analyze this hypothesis that «Istisna' sukuk risk is lower and it can be easily covered. So it can be one of the popular securities in financial markets that can absorb the excess liquidity of risk avoider investors«.