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Additional Tier-1 Non-Convertible Sukuk

A non-convertible sukuk issue that qualifies to be part of additional tier-1 capital (AT-1). It constitutes addition to an existing...

Tier-1 Non-Convertible Sukuk

A category of sukuk that belong to the class of tier-1 equity and are not convertible into the underlying (real)...

T1 Non-Convertible Sukuk

A category of sukuk that belong to the class of tier-1 equity and are not convertible into the underlying (real)...

Non-Convertible Sukuk

A type of sukuk structure in which sukuk certificates extend no option to the sukuk holders to convert the sukuk...

Perpetual Tier 1 Mudaraba Sukuk

A sukuk issue (mudaraba sukuk) that has mudaraba (contract, arrangement, etc.) as underlying and does not mature and hence sukuk...

Perpetual Mudaraba Sukuk

A sukuk issue (mudaraba sukuk) that has mudaraba (contract, arrangement, etc.) as underlying and does not mature and hence sukuk...

Liability

A present economic obligation that is enforceable against an Islamic bank or financial institution. Enforcement entails settlement by means of...

PTE

It stands for pass-through entity; a legal business entity that passes all its income on to the owners or investors...

Pass-Through Entity

A legal business entity that passes all its income on to the owners or investors of the business. The income...

Special Purpose Vehicles

A legal entity (or possibly another form of entity such as a corporate entity, trust or limited partnership) that established...