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Salam Sukuk
What are Salam Sukuk?
The Salam is a sale for which the price is paid in full for goods to be delivered at a future date. Holders of the Salam Sukuk are owners of the Salam goods and are entitled to receive income generated from their sale or the sale of Salam certificates. It is prohibited to trade Salam Sukuk during the term of the Salam as the underlying asset is a debt that is created based on an advance payment of the sales price.

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