Abdulbasit Abdulazeez

SUKUK: AN ALTERNATIVE SOURCE OF FUNDS FOR GOVERNMENT IN NIGERIA

Government in Nigeria be it federal state or local are always faced with similar problem of funding. Islamic financial instruments have been regarded as an attractive alternative to traditional financial instruments. The funding requirement by the government are available but not necessarily healthy and cheap as they are mostly being characterized with high interest rates, unimaginable charges or even stringent repayment plans. Also Islamic financial instrument such as Sukuk generated a lot...