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Sukuk al-Musharakah

Certificates of equal value (sukuk) that are issued for the purpose of investing the mobilized funds of musharakah for establishing...

Uqud al-Ishtirak

Arabic (عقود الإشتراك) for contracts (uqud- plural of aqd) that entail sharing in ventures/ businesses and profits (ribh) through specific...

Sharikat al-Mulk

A type of partnership (sharikah/ sharika) which basically involves joint ownership (mulk in Arabic) by two or more persons in...

Khultah

Arabic (خلطة) for mixing (pooling) of a number of shari'ah-compliant asset classes in securitization (tasnid/ taskik) or capital structure. Examples of khultah in securitization include...

Musaqah

A partnership (sharikah) in which one party presents designated plants/ trees that produce edible fruits to another party (irrigating worker-...

Musaqat

A partnership (sharikah) in which one party presents designated plants/ trees that produce edible fruits to another party (irrigating worker-...

Corporate Sukuk

Sukuk which are issued by the corporate sector in a country, whether in local or foreign currencies. These sukuk help...

Exchangeable Sukuk

A type of sukuk structure in which sukuk certificates have an embedded option giving the sukuk holders the right, without...

Currency Trading

Under shari’a, it is permissible to trade in foreign exchange provided that both countervalues (badalain, pl. of badal) are exchanged...

Convertible Sukuk

A type of sukuk structure in which sukuk certificates have an embedded option giving the sukuk holders the right, without...