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Guaranteeing Sukuk Assets
No, only a third party that is not related to the S...
 
Sukuk For Liquid Assets
It is permissible to issue Sukuk for liquid assets, however, they may only be sold ...
 
Diminishing Musharakah
These Sukuk represent the proportionate share of partners in the joint ownership of an asset. The financial institution or investor leases and gradually transfe...
 
Murabaha Sukuk
The Murabaha is a sale in which the cost of acquiring the asset and the profit to be earned from it are disclosed to the client.Murabaha Sukuk are issued for the purpose of financing t...
 
Musharakah Sukuk
These Sukuk are issued with the aim of using funds for the establishment of a new project, the development of an existing project or financing a business activity on the basis of a partnership contract.Every subscriber is given a Musharakah certificate which represents his proportionate ownership in ...
 
Salam Sukuk
The Salam is a sale for which the price is paid in full for goods to be delivered at a future date.Holders of the Salam Sukuk are owners of the Salam goods and are entitled to receive income generated from t...
 
Ijarah Sukuk
Sukuk may be issued for the following Ijarah categories:• Sukuk for the transfer of ownership of the leased asset.• These Sukuk are issued for the eventual transfer of ownership of the leased asset to the lessee at the end of the period of lease.• Sukuk for the ownership of the usufruct of an asset.• These are issued with the aim of leasing the asset...
 
Definition Of Sukuk
Sukuk is an Arabic term and a plural of the word Sakk which means 'certificate'. Sukuk are defined as certificates of equal value representing undivided shares in o...
 
The Conditions For Sale Of Sukuk
If the Sukuk represent a combination of fixed and liquid assets, it is imper...
 


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