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Islamic Finance

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  • July 16, 2021
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Perpetual Subordinated Sukuk

A sukuk issue that has the features of both perpetual sukuk and subordinated sukuk. More specifically, the issue does not mature and hence sukuk are treated as equity (huqooq al-mulkiyyah) rather than debt (dayn), and at the same time it gives sukuk holders residual claim over the assets financed by their funds.


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