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Sukuk
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| - | Sukuk are [[Bond|bond]]s that comply with Islamic law which prohibits the charging or paying of interest. | + | Sukuk are [[Bond|bond]]s that comply with Islamic law which prohibits the charging or paying of [[Interest|interest]]. Other [[Assets|assets]] are used to generate an income equivalent to that which would be paid on conventional bonds. |
| - | Other [[Assets|assets]] used to generate an income equivalent to that which would be paid on conventional bonds. | + | |
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| | See also: http://www.aaoifi.com/ | | See also: http://www.aaoifi.com/ |
Revision as of 10:18, 7 September 2009
Sukuk are bonds that comply with Islamic law which prohibits the charging or paying of interest. Other assets are used to generate an income equivalent to that which would be paid on conventional bonds.
See also: http://www.aaoifi.com/