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Definition Of Sukuk
What is the definition of Sukuk?
Sukuk is an Arabic term and a plural of the word Sakk which means ‘certificate’. Sukuk are defined as certificates of equal value representing undivided shares in ownership of tangible assets, usufruct and services. Sukuk may be issued for various Islamic banking products such as Ijarah, Musharakah, Murabaha, Salam and Istisna.

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