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Ijarah Sukuk

What are the different forms of Ijarah Sukuk?

Sukuk may be issued for the following Ijarah categories: • Sukuk for the transfer of ownership of the leased asset • These Sukuk are issued for the eventual transfer of ownership of the leased asset to the lessee at the end of the period of lease. • Sukuk for the ownership of the usufruct of an asset • These are issued with the aim of leasing the asset so that the holder of the Sukuk becomes the owner of the usufruct of the asset. • Sukuk for the ownership of services • The purpose of these Sukuk is to provide services so that the holder of the Sukuk becomes the owner of these services. • Ijarah Sukuk can be traded at market price or any other price mutually agreed upon by the lessor and the lessee.

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