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Service Agency Agreement

An item of sukuk documentation which constitutes an agreement between the seller and a special purpose vehicle (SPV) or the...

Investment Agency Sukuk

A type of musharaka sukuk, which are by definition certificates that represent ownership in projects or activities managed on the...

Investment Sukuk

Certificates of equal value (sukuk) which are issued and sold to investors (as owners or bearers) who, by virtue thereof,...

Sukuk al-Istithmar

An Arabic term (صكوك الاستثمار) for investment sukuk. These are certificates (sukuk) of equal value which are issued and sold...

Musharaka Sukuk

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

Sukuk al-Musharakah

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

Sukuk al-Mudarabah

A subclass of sukuk al-musharakah. Sukuk al-mudarabah (صكوك المضاربة) are by definition certificates that represent ownership in projects or activities...

Asset-Based Sukuk

A sukuk structure that involves the issuer purchasing the underlying assets and then investing, trading or leasing them on behalf...

Mugharasa Sukuk

Certificates of equal value (sukuk) which are issued on the basis of mugharasa contract (aqd al-mugharasa) for the purpose of...

Asset-Backed Sukuk

A sukuk structure that involves granting the investor (sukuk holder) a share of a tangible asset or business venture along...