Read the attached two articles, “Is Islamic finance at tipping point?” and “Islamic banking rises on oil wealth, drawing non-Muslims”.

Discuss the following questions.

What are unique features of “SUKUK” compared to other asset-back securities? How does the “SUKUK” have an effect on the Islamic domestic economy?
What do you think of the impact of Islam banking on US economy and value of US dollars?
What do you think of the impact of Islam banking on global financial markets?