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Sukuk Principal Issuer

A market player (such as an Islamic financial institution, IFI, or any other specialized entity) that creates the underlying asset...

Sub Sukuk

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

Musharakah Term Finance Certificate

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

Sukuk al-Wakalah Bil Istithmar

Arabic (صكوك الوكالة بالاستثمار) for agency certificates; a type of sukuk (pl. of sakk) in which the underlying contract is...

Wakala Sukuk

Arabic (صكوك الوكالة) for agency certificates; a type of sukuk (pl. of sakk) in which the underlying contract is wakala.…

Contingent Convertible Sukuk

A type of sukuk structure (hybrid securities) in which sukuk certificates give the sukuk holders a contingent right to convert…

Sukuk-Holder

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

Sukuk Originator

A market player (such as an Islamic financial institution, IFI, or any other specialized entity) that creates the underlying asset...

Haircut in Sukuk

A restructuring mechanism for sukuk in case of losing or distressed issuers or originators. A haircut involves agreement by sukuk…

Participation Sukuk

A type of musharaka sukuk that represent certificates of equal value (sukuk) issued for the purpose of investing the funds…