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Archive for March, 2007

Managing Financial Risks of Sukuk Structures

Managing Financial Risks of Sukuk Structures

What is Sukuk?

Sukuk 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 Sukuk are securities that comply with the Islamic law and its investment principles, which prohibits the charging, or paying of interest.
The Need for Tangible […]