<![CDATA[This study aims to examine the effect of leverage, liquidity, and board size on corporate sukuk ratings in Indonesia during the 2020-2024 period. Sukuk ratings serve as an important indicator for investors in assessing default risk and the quality of Islamic financial instruments. This study employs a quantitative approach using panel data regression analysis. The sample consists of corporate sukuk issuers rated by PT Pemeringkat Efek Indonesia (PEFINDO) during the observation period. Leverage is measured using the Debt to Equity Ratio (DER), liquidity is measured using the Current Ratio (CR), and board size is measured by the number of board members. The results indicate that leverage and board size have a significant effect on sukuk ratings, while liquidity has no significant partial effect. Simultaneously, leverage, liquidity, and board size significantly affect sukuk ratings. These findings suggest that corporate capital structure is a key consideration in sukuk rating assessments.]]>
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