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What Are the Sharī'ah Requirements for the Issuance of Investment

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Essay

What are the Sharī'ah requirements for the issuance of investment sukuk?


Definitions:

Validity

The extent to which a test, measurement, or study accurately reflects or assesses the specific concept it is intended to measure.

Accurate Representation

is the degree to which an account or depiction reflects the true nature or details of the subject being represented.

Internal Validity

refers to the extent to which a study can demonstrate a clear cause-and-effect relationship between variables, unconfounded by extraneous factors.

Causal Relationships

Connections between variables where a change in one variable directly influences a change in another.

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