WebSECURITIZATION THEORY: LEGITIMACY IN SECURITY POLITICS 247 • State actors claim that the secular state is threatened by terrorist Islam- ists who want to establish sharia – therefore they enforce restrictive re-ligious policies and ban religious groups. • Non-state actors claim that the just Islamic society is threatened by re- pressive corrupt leaders who … WebAug 15, 2024 · Typically securitization will pool large numbers of an underlying asset. For example, in the case of mortgage-backed securities, a bank may package hundreds or thousands of individual mortgages into a single portfolio. How Securitization Works. A securitized investment generates its returns based on the income generated from the …
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