Sukuk | Practical Law

Sukuk | Practical Law

Sukuk

Sukuk

Practical Law UK Glossary 5-203-8720 (Approx. 3 pages)

Glossary

Sukuk.

Sukuk are financial instruments, such as certificates, that have economic similarities to bonds but are structured so as to comply with Sharia. 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.