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Green SRI Sukuk

A type (subcategory) of SRI sukuk in which the proceeds are utilized only for the purpose of funding certain activities...

Taskeek

The process of issuing certificates that represent debts and loans (generally any type of obligations). The issued certificates (or securities)...

Subordinated Sukuk

A type of sukuk structure in which sukuk certificates give sukuk holders residual claim over the assets financed by their funds. This claim ranks...

Sharikat al-Abdan

A subset of sharikat al-aqd (contractual partnership) in which two persons or more agree to cooperate and work together for the purpose...

Waqf

Waqf (وقف), as a subject-matter, is an income-generating property or a functional asset whose usufruct is assigned by the owner...

Two Sales in One

Originally from the Arabic term "bai'atan fi bai'ah". It is a type of sale (ba’i) in which a person offers...

Taskik

The process of issuing certificates that represent debts and loans (generally any type of obligations). The issued certificates (or securities)...

Tarabbus

Arabic (تربص) for waiting and tarrying for an opportunity. This involves refraining from certain actions or being actionless for some...

Sukuk

Plural of sakk, which refers to an Islamic financial certificate representing undivided, partial ownership in a debt (sukuk al murabaha),...

Green Sukuk

Sukuk (pl. of sakk) which are structured and issued for the purpose of financing shari’ah-compliant investments in renewable energy (solar...