A type of sukuk in which the underlying is in the form of equity. Examples of equity-type sukuk include musharakah sukuk, mudarabah sukuk, and wakalah sukuk. These sukuk could be on balance sheet (on-balance sheet sukuk) as in the case of the three types (musharakah sukuk, mudarabah sukuk, and wakalah sukuk) or off balance sheet (off-balance sheet sukuk) as in the case of wakalah sukuk.
Islamic Finance
The last three decades have witnessed the modern rebirth of Islamic finance both in terms of literature and practice. Islamic banks and ...
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