FinFormed

Critical Financial Insights for Future Leaders

Sign in Support
FinFormed 19 Oct 2026 19 Oct 2026
To
Future Leaders
From
Erfanul Alam Siddiquee
Posted

Who Else Is Watching the Names on a Sukuk Board?

My last piece asked whether investors pay for famous scholars or for scarce paper. Evidence on captive demand, and a regulator that caps scholar board seats, takes the question further.

Read the letter
5 min readIslamic Finance

Earlier letters

  1. A Journal Says Famous Scholars Lower Sukuk Returns. I am Not Convinced.
  2. Islamic Finance in Sri Lanka That Never Say "Islamic"
  3. Who Are You Running For? Live Like a Traveller
  4. Why the Takaful Fund Has No Capital of Its Own?
  5. Why Islamic Banks Lend Like Conventional Banks?
Older letters

Letters, newest first

  1. Your insurer knows your blood group. It has never once used that to help you find blood I was holding a fresh bag of blood when my father took his last breath. That scene came back to me today while I 3 min read · Islamic Finance
  2. Some Days I Think About Giving Up on Islamic Finance I need to remind myself why I am here. I came into Islamic finance because I believed it could be better than what I 2 min read · Islamic Finance
  3. The mathematics of trust in Islamic financial systems Artificial intelligence (AI) cannot fix broken financial systems. Read why returning to community-based trust and patient capital prevents economic collapse. 4 min read · Islamic Finance
  4. Credit-Linked Islamic Banking: Substance or Label? When Islamic banks bear only credit risk, products become indistinguishable from conventional lending. A diagnostic framework for testing economic substance. 8 min read · Islamic Finance
  5. The Future of Insurance Supervision Explore the evolving challenges of insurance supervision. Learn how regulators use SupTech and risk-based strategies to ensure stability. 12 min read · Conventional Finance
  6. How Zakat and Islamic finance almost bought freedom in Brazil Discover how enslaved African Muslims in Brazil created a Islamic financial system using zakat to buy their freedom. A forgotten chapter of Islamic finance history. 4 min read · Islamic Finance

Topics

Islamic Finance101 letters Conventional Finance90 letters Random Writings31 letters Technology18 letters Takaful15 letters Career14 letters Climate Change12 letters Financial Freedom5 letters Sustainability2 letters

Get each letter by email

Free. Every new letter arrives in your inbox; unsubscribe from any email.

Check your inbox: there is a link to confirm.

That did not work. Please check the address and try again.

Or keep FinFormed going:

Become a member, $5 a month Send a coffee