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Variable Rate Redeemable Sukuk

A type of sukuk whose underlying contract is musharakah, and as such have a relatively stable rate as compared to...

Exchangeable Sukuk

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

Convertible Sukuk

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

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...

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...

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...

Hybrid Sukuk

A type of sukuk structure in which the underlying pool of assets consists of two or more Islamic finance contracts. For example,...

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...