Sukuk

Resource type: Glossary item

Status: Maintained

Jurisdiction: United Kingdom

Sukuk are financial instruments, such as certificates, that have economic similarities to bonds (www.practicallaw.com/0-107-6503) but are structured so as to comply with Sharia (www.practicallaw.com/resource.do?item=:23982768). Corporate sukuk are sukuk issued by a body corporate, rather than a sovereign issuer.

The singular of sukuk is sakk, but sukuk is sometimes used colloquially as the singular and sukuks as the plural.

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  • Resource ID: 5-203-8720
  • Products:  PLC Glossary, PLC Magazine (UK), PLC UK Commercial, PLC UK Construction, PLC UK Corporate, PLC UK Dispute Resolution, PLC UK Employment, PLC UK Environment, PLC UK Finance, PLC UK Law Department, PLC UK Pensions, PLC UK Property, PLC UK Share Schemes & Incentives, PLC UK Tax
  • This resource is maintained, meaning that we monitor developments on a regular basis and update it as soon as possible.
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  • Islamic FinanceIslamic Finance (http://ipandit.practicallaw.com/3-201-5201)
Practice note: overview
Checklist
Glossary
  • Ijara sukuk Ijara sukuk (http://uk.practicallaw.com/topic7-502-0872)
  • Mudaraba sukuk Mudaraba sukuk (http://uk.practicallaw.com/topic3-502-0874)
  • Salam sukuk Salam sukuk (http://uk.practicallaw.com/topic0-502-0880)
  • Sharia Sharia (http://uk.practicallaw.com/topic7-203-8719)
  • Sukuk al ijara Sukuk al ijara (http://uk.practicallaw.com/topic7-501-9982)
  • Sukuk al mudaraba Sukuk al mudaraba (http://uk.practicallaw.com/topic8-501-9986)
  • Sukuk al musharaka Sukuk al musharaka (http://uk.practicallaw.com/topic6-501-9987)
  • Sukuk al salam Sukuk al salam (http://uk.practicallaw.com/topic4-501-9988)
  • Sukuk al wakala Sukuk al wakala (http://uk.practicallaw.com/topic2-501-9989)
  • Wakala sukuk Wakala sukuk (http://uk.practicallaw.com/topic9-502-0885)
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