Filter by Categories
Accounting
Banking

Islamic Finance




Sukuk


Plural of sakk, which refers to an Islamic financial certificate representing undivided, partial ownership in a debt (sukuk al murabaha), property (sukuk al ijarah), project (sukuk al istisna’a), business (sukuk al musharaka), or investment (sukuk al istithmar). A sakk, hence, is technically and practically different from a conventional bond which is merely and abstractly a promise to repay a debt at a given future date.

Sakk is Arabic for a legal instrument such as check or deed.



ABC
The last three decades have witnessed the modern rebirth of Islamic finance both in terms of literature and practice. Islamic banks and ...
Watch on Youtube
Remember to read our privacy policy before submission of your comments or any suggestions. Please keep comments relevant, respectful, and as much concise as possible. By commenting you are required to follow our community guidelines.

Comments


    Leave Your Comment

    Your email address will not be published.*