sukuk


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sukuk

(ˈsʊkəʊk)
n
(Banking & Finance) a financial certificate that conforms to Muslim strictures on the charging or paying of interest
[Arabic]
References in periodicals archive ?
MANAMA: Global sukuk issuances during 2018 stood at $123.2 billion, 5.5 per cent higher than the 2017 level of $116.7bn, shows the latest edition of a report by International Islamic Financial Market (IIFM).
Global sukuk issuances during the year 2018 stood at $123.2 billion, marking an increase of 5.5 per cent over 2017 primary market sukuk issuances of $116.7 billion, said the International Islamic Financial Market (IIFM) in a new report.
Summary: BASHAR AL NATOOR, GLOBAL HEAD OF ISLAMIC FINANCE, FITCH RATINGS WRITES ABOUT WHY CORPORATE SUKUK LAGS BEHIND, AND IS DUE FOR A CATCH UP
'The Ministry of Energy is scheduled to issue the second Pakistan Energy Sukuk (Islamic bond) of Rs200 billion next week to help the IPPs come out of the financial crisis,' he added.
An interesting aspect of sovereign Sukuk is its often built-in financial inclusion and developmental aspects.
In order to resolve the country's circular debt, the federal government has issued the first Pakistan Energy Sukuk of Rs200 billion.
Summary: Global government sukuk issuance set for recovery
Summary: In a recent report, S&P looked at the prospects for green Sukuk
Dubai/London: Fitch Ratings has updated its criteria for rating sukuk. The update does not contain any material changes and no changes to the ratings of existing transactions are anticipated as a result of the application of the updated criteria.
S&P Global Ratings rated the green Sukuk issued by Indonesia in early 2018.
Islamabad -- RAM Ratings announced that it maintains its projected global Sukuk issuance at $75 billion- $85 billion.
As global debt markets rallied last year, growing 9 per cent year on year to reach the highest issuance volumes on record, many market participants over- looked a stronger global growth story -- the international sukuk market.