Sukuk

From ACT Wiki
Revision as of 21:16, 17 July 2021 by imported>Doug Williamson (Layout.)
Jump to navigationJump to search

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


Other links

Sweet sukuk, Noel Lourdes, The Treasurer, Nov 2013