Sukuk means a type of Islamic bond that is backed by assets of the issuer that earn profit or rent.

Sukuk means Sukuk as defined in Sukuk (privately placed) Regulations 2017.

Sukuk means an instrument of equal value representing undivided share in ownership of the identified tangible assets, usufruct and services or in the ownership of the assets of particular projects or special investment activity.

Examples of Sukuk in a sentence

For example, a party may wish to put in place a hedge for Sukuk that it will issue in 10 days time.
Alternatively, if a party is entering into the hedge on the same day as it issues its Sukuk, it will want the hedge to take effect immediately, and so the parties would agree that the Term will commence immediately and the Trade Date and the Effective Date will be the same.
This should be taken with due consideration to Xxxxx ‘ah Standard No.17, on Investment Sukuk, items 5/1/5/2”.
State Bank of Pakistan (“SBP”) will conduct an auction by which Sukuk Investors will be identified.
Market applied fees for listed Sukuk and Bonds is 0.01% (A waiver of 50% of Sukuk and Bonds trading commission on all types of investors until 31/12/2022).

More Definitions of Sukuk

Sukuk means a type of Islamic bond th

Sukuk means Shari’a‐compliant alternative to bonds.

Sukuk means Islamic securities as defined in the SC’s Islamic Securities Guidelines (SukukGuidelines);

Sukuk means a Syariah Securities in the form of certificate or other evidence of ownership having the same value and representing undivided participation over:

Sukuk means a type of Islamic bond that is backed by assets of the issuer that earn profit or rent (Privately Placed) Regulations 2017.

Sukuk means certificates of equal value, representing undivided shares in ownership of tangible or intangible assets, usufruct of assets; services or an investment activity, structured in conformity with Islamic law;

Sukuk means a document or certificate, documenting the undivided ownership or investment in the assets in accordance with Shariah principles and concepts endorsed by the relevant authority;