Sukuk
From ACT Wiki
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
- Islamic finance
- Securitisation
- Securitisation special purpose vehicle
- Sharia-compliant fixed income capital markets instruments for cross-border transactions
- Special purpose vehicle
