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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...

Asset-Light Debt

A type of corporate debt whereby the collateral value is below standard requirements (usually lower than 30% of the company’s...

Asset-Light Sukuk

A 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...