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Sub Sukuk

A type of sukuk structure in which sukuk certificates give sukuk holders residual claim over the assets financed by their…

Mulkiyet al-Khadamat

The right (haqq) to a service that is held by the service purchaser. Examples of services include education, travel, transportation,…

Sukuk-Holder

An investor, natural or legal person, that bears the certificate of sukuk entailing ownership (ownership stake) in the underlying assets...

Istisnaa Sukuk

Certificates of equal value (sukuk) that are issued for the purpose of mobilizing funds to be used in the production…