scholarly journals ROOTING THE ARCHITECTURAL VALUES OF HERITAGE IN THE CONTEMPORARY ARCHITECTURE (AN ANALYTICAL STUDY OF THE ARCHITECTURE HERITAGE AT AL-BAHA IN THE KINGDOM OF SAUDI ARABIA IN ORDER TO BE STABILIZEDWITHIN THE CONTEMPORARY ARCHITECTURE)

2020 ◽  
Vol 15 (54) ◽  
pp. 297-314
Author(s):  
Ali Bokhary ◽  
Mahmoud Mohamed Hammad
Keyword(s):  
Saudi Arabia ◽  
Analytical Study ◽  
Kingdom Of Saudi Arabia ◽  
Contemporary Architecture

scholarly journals The legal regulation for issuing financing sukuk: Analytical study in the Saudi system: التنظيم القانوني لإصدار صكوك التمويل: دراسة تحليلية في النظام السعودي

2021 ◽  
Vol 5 (1) ◽  
Author(s):  
Hoor Abdullah Al-Shikhi
Keyword(s):  
Saudi Arabia ◽  
Financial Market ◽  
Analytical Approach ◽  
Analytical Study ◽  
Islamic Law ◽  
Legal Regulation ◽  
Legal Aspects ◽  
Market System ◽  
Kingdom Of Saudi Arabia ◽  
Legal Texts

This study aimed to clarify the legal aspects of issuing financing sukuk in the Saudi financial market. Because of its important stages, the procedures of which have not been studied in detail and criticized; In the absence of clear legal regulation for it. To address the problem posed therein, this study followed the analytical approach, by analyzing the legal texts related to financing instruments in the Saudi financial market system and its implementing regulations. To demonstrate the appropriateness of these general procedures, usually related to all securities, to be applied to financing sukuk. This study reached conclusions, the most important of which is that the Saudi regulator did not stipulate any condition that must be met in the financing sukuk project or that the project be within the Kingdom of Saudi Arabia, whether the issuing authority is a Saudi or foreign company. Contracts subject to the provisions of Islamic law. In light of the results of this study, it recommended that the regulatory authorities organize the financing sukuk project and organize the documents and evidence necessary for it related to assets and assets located outside the Kingdom. It also stipulated the necessity of stipulating that the contracts issued in the financing instruments are contracts that are subject to the provisions of Islamic law, especially since the Kingdom adopts the provisions of Islamic law in its dealings.

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