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Author

Rischan Mafrur

2 papers indexed here

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Preprint Oct 2026

Tokenised Sukuk: A Verifiable Architecture for Asset Evidence and Programmable Shariah Compliance

Security-token standards such as ERC-3643 decide who may hold a token, not what stands behind it. For a sukuk this gap matters: whether a certificate may trade at a negotiated price depends on what its portfolio contains, and a token that checks only investor identity keeps trading after every non-debt asset has been s...

Rischan Mafrur, Khadijah, Gun Gun Febrianza · 0 citations
Preprint Aug 2026

RWA-PoB: A Credential-Based Proof-of-Backing Framework for Tokenized U.S. Treasury Products

Proof of reserves (PoR) can improve transparency for tokenized assets, but aggregate reserve coverage does not establish whether off-chain assets are legally eligible, unencumbered, consistently valued, or sufficiently liquid for redemptions. We propose RWA-PoB, a credential-based proof-of-backing framework for tokeniz...

Rischan Mafrur, Gun Gun Febrianza, Sean Foley · 0 citations

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