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Pooled Sukuk

A structure of sukuk whose underlying is a pool (portfolio) of assets mobilized through more than one type of contracting...

Nominal Value

The principal amount of an instrument (sukuk), a debt (qard, zhemam or receivables, etc), or an account (deposit). For example,...

International Sukuk

Sukuk which are issued in an internationally accepted currency such as US dollar or euro. An example is an issue...

Domestic Sukuk

Sukuk which are issued in a local currency, either by the government sector (government sukuk) or private sector (corporate sukuk)....

Off-Balance Sheet Sukuk

Sukuk that are not recorded on the financial position statement (balance sheet) of the issuer. The issuer has no control...

On-Balance Sheet Sukuk

Sukuk that are recorded on the financial position statement (balance sheet) of the issuer. The issuer has control (in terms...

Vanilla Sukuk

The most basic type of sukuk which have no additional features (add-ons) such as option to convert or exchange into...

Plain Vanilla Sukuk

The most basic type of sukuk which have no additional features (add-ons) such as option to convert or exchange into...

Sukuk al-Salam

Sukuk al-salam (singular: salam sakk) are certificates of equal value (sukuk) which are issued in order to raise salam capital....

Salam Sukuk

Salam sukuk (singular: salam sakk) are certificates of equal value (sukuk) which are issued in order to raise salam capital....