Sukuk

Sukuk
Tradable asset-backed financial certificates, designed to be compliant with Shari'ah. Can be regarded as an Islamic equivalent of a bond. Exchange Handbook Glossary

Financial and business terms. 2012.

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  • Sukuk — (Arabic: صكوك, plural of صك Sakk, legal instrument, deed, check ) is the Arabic name for a financial certificate but can be seen as an Islamic equivalent of bond. However, fixed income, interest bearing bonds are not permissible in Islam, hence… …   Wikipedia

  • Sukuk — (‏صكوك‎, DMG Ṣukūk, Plural von ‏صك‎ / Ṣakk) sind islamische Anleihen, bei denen keine Zinsen auf das angelegte Kapital gezahlt werden. Sukuk ist ein Instrument des Islamischen Bankwesens. Inhaltsverzeichnis 1 …   Deutsch Wikipedia

  • sukuk — are financial instruments, such as certificates, that have economic similarities to bonds but are structured so as to comply with Sharia. Corporate sukuk are sukuk issued by a body corporate, rather than a sovereign issuer. The singular of sukuk… …   Law dictionary

  • Sukuk — Les sukuk (en arabe صكوك, pluriel de صك sukk) sont des certificats d investissements conformes à la recommandation religieuse issue du Coran interdisant aux fidèles directement le prêt à intérêt (riba). Il consiste pour la banque à acheter un… …   Wikipédia en Français

  • Sukuk — An Islamic financial certificate, similar to a bond in Western finance, that complies with Sharia, Islamic religious law. Because the traditional Western interest paying bond structure is not permissible, the issuer of a sukuk sells an investor… …   Investment dictionary

  • SÜKUK — (Bak: Sukuk …   Yeni Lügat Türkçe Sözlük

  • sukuk al musharaka — International sukuk al musharaka, Also known as musharaka sukuk. Islamic finance instruments (sukuk) based on an underlying Sharia compliant partnership or joint venture providing finance for a specified project (musharaka). Certificates are… …   Law dictionary

  • sukuk al-musharaka — International sukuk al musharaka, Also known as musharaka sukuk. Islamic finance instruments (sukuk) based on an underlying Sharia compliant partnership or joint venture providing finance for a specified project (musharaka). Certificates are… …   Law dictionary

  • sukuk al wakala — International, United Kingdom sukuk al wakala, Also known as wakala sukuk. Islamic financial instruments (sukuk) based on an underlying wakala structure. Financial instruments are issued by a special purpose vehicle that entitle the holders to a …   Law dictionary

  • sukuk al-wakala — International, United Kingdom sukuk al wakala, Also known as wakala sukuk. Islamic financial instruments (sukuk) based on an underlying wakala structure. Financial instruments are issued by a …   Law dictionary

  • sukuk al ijara — International sukuk al ijara, Also known as ijara sukuk, are sukuk based on an underlying ijara structure. Certificates are issued by a special purpose vehicle that entitle the holders to an ownership interest and a right to a return in… …   Law dictionary

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