Sukuk – Page 6 – Fincyclopedia

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Murabaha Sukuk

Certificates of equal value (sukuk) which are issued for the purpose of financing the purchase of goods based on murabaha...

Sukuk al-Qiradh

A type of musharaka sukuk that is structured based on the contract of muqaradha (mudharaba), whereby the capital (ras al-mal)...

Sukuk al-Qirad

A type of musharaka sukuk that is structured based on the contract of muqarada (mudaraba), whereby the capital (ras al-mal)...

T1 Sukuk

It stands for tier-1 sukuk; a classification of sukuk that constitutes part of the first or core layer of a...

ALS

An acronym for asset-light sukuk; a sukuk structure that involves intangible assets as underlying, or in which the requirement of tangible assets is minimal. Companies...

Pooled Sukuk

A structure of sukuk whose underlying is a pool (portfolio) of assets mobilized through more than one type of contracting...

Nominal Value

The principal amount of an instrument (sukuk), a debt (qard, zhemam or receivables, etc), or an account (deposit). For example,...

International Sukuk

Sukuk which are issued in an internationally accepted currency such as US dollar or euro. An example is an issue...

Domestic Sukuk

Sukuk which are issued in a local currency, either by the government sector (government sukuk) or private sector (corporate sukuk)....

Off-Balance Sheet Sukuk

Sukuk that are not recorded on the financial position statement (balance sheet) of the issuer. The issuer has no control...