Istisna sukuk are certificates that carry equal value and are issued with the aim of mobilizing the funds required for producing products that are owned by the. The same type of contract applies to sukuk. In a mudaraba sukuk, the sukuk holders are the silent partners, who don’t participate in the management of the. Istisna sukuk structures have been widely accepted for manufacturing and construction financing purposes. This paper looks at the structural development of.
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The SPV holds the istisnaa in trust for the sukuk holders who each own a proportionate interest in the assets in accordance with the value of their investment.
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Sukuk al-istisna’a | Practical Law
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Kafalah Wakala Deposit Kafalah Hawalah-based financing. Contributors are responsible for obtaining any permission needed to make use, in both print or electronic media, of extensive sykuk, photographs or other illustrations in which they do not hold copyright and for ensuring that the appropriate acknowledgements are included in their manuscripts.
The Structural Development of Istisna Sukuk from a Shariah Perspective
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