Search
Generic filters
Filter by Categories
Accounting
Banking

Islamic Finance




Asset-Light Sukuk


sukuk structure that involves intangible assets as underlying, or in which the requirement of tangible assets is minimal. Companies that do not have much fixed assets resort to asset-light sukuk structures to base their sukuk issues on intangible assets such as receivables (zhimam or duyun).

Asset-light sukuk are forbidden by shari’ah because debts cannot be used as sukuk’s underlying assets.



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    Your email address will not be published.*