A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Sukuk
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| - | Sukuk are [[Bond|bond]]-like instruments 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. | + | Sukuk are instruments similar to [[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. |
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| | See also: [[Sharia Compliant]], [[Islamic Finance]], http://www.aaoifi.com/ | | See also: [[Sharia Compliant]], [[Islamic Finance]], http://www.aaoifi.com/ |
Revision as of 20:50, 15 April 2010
Sukuk are instruments similar to 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: Sharia Compliant, Islamic Finance, http://www.aaoifi.com/