Difference between revisions of "Sukuk"

From ACT Wiki
Jump to: navigation, search
m (Add category.)
(Update definition.)
Line 1: Line 1:
 
A negotiable instrument representing a proportionate share of an underlying capital asset, financed by the cash raised from the issue of the sukuk.
 
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 (incorrectly) as an 'Islamic bond'.
+
Sometimes referred to (not strictly correctly) as an 'Islamic bond'.
  
  

Revision as of 13:41, 22 March 2021

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