Sukuk is one of the new tools growing in Islamic financing. This study aimed to identify the dimensions of sukuk risks using Fuzzy Delphi (FD) technique and by creating a conceptual model of DEMATEL to investigate the type of relationship and penetration power and depen More
Sukuk is one of the new tools growing in Islamic financing. This study aimed to identify the dimensions of sukuk risks using Fuzzy Delphi (FD) technique and by creating a conceptual model of DEMATEL to investigate the type of relationship and penetration power and dependence of Sukuk risk factors. The new aspect of this article is identifying the dimensions of Sukuk risk based on FD and innovation of the present study, in identifying the risk components and designing an interpretive structural model in creating a conceptual model and investigating the relationships between the research components using DEMATEL. The statistical population consisted of 15 financial experts. The identified factors are credit risks, interest rates, prices, liquidity, base assets and sharia. Analysis of penetration power and dependence of risk dimensions shows that credit risks, interest rates and liquidity are the most influential and sharia risks are the most effective dimensions and have the most interaction with other risk dimensions.
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