Sukuk

Sukuk

Abu Dhabi's Mubadala hires banks for debut 10-yr sukuk, document says. The XM Research Desk, manned by market expert professionals, provides live daily updates on all the major events of the global markets in the form of market reviews, forex news, technical analysis, investment topics, daily outlook, and daily videos.

Sukuk is a type of Islamic financial certificate, similar to a bond in Western finance, that complies with Islamic religious law commonly known as Sharia. Sukuk represents ownership in a tangible asset or a specific investment activity. The issuance of sukuk is growing in popularity globally as a way for governments and corporations to raise funds in compliance with Islamic principles.

Investors interested in diversifying their portfolios and tapping into the growing Islamic finance market may find sukuk to be an attractive investment option. With the increasing demand for ethical and Sharia-compliant investments, sukuk offers a unique opportunity for investors to participate in the global financial markets while adhering to Islamic principles.