Sukuk which are issued by the corporate sector in a country, whether in local or foreign currencies. These sukuk help companies to raise funds in order to finance their current operations, activities, or projects or to expand their business.

Corporate sukuk, as the name implies, are financing vehicles for companies and as such reflect the economic reality as to shari’ah-compliant venues of investment, and demand for funds at that sectoral level. This is contrary to sovereign sukuk that are issued by governments or governmental agencies and for their own funding requirements. As such, pricing of corporate sukuk reflects economic and financial factors relating to private issuers.