Sukuk

Sharia-compliant finance.

A negotiable instrument representing a proportionate share of an underlying capital asset, financed by the cash raised from the issue of the sukuk.

Sometimes referred to (not strictly correctly) as an 'Islamic bond'.

See also

• Bond
• Securitisation
• Securitisation special purpose vehicle
• Sharia-compliant finance
• Sharia-compliant fixed income capital markets instruments for cross-border transactions
• Special purpose vehicle
• Transition sukuk