Which of the following is not a characteristic of Sukuk? a. The returns are generated from the
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Which of the following is not a characteristic of Sukuk?
a. The returns are generated from the underlying assets in the Sukuk.
b. In the sale of Sukuk, a particular share of an asset is sold.
c. There is no concept of ownership or profit-sharing in Sukuk.
d. The purpose of funds is decided and stated at the time of issuance of Sukuk.
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Related Book For
Financial Reporting For Islamic Financial Institutions Accounting Standards Interpretation And Application
ISBN: 9781032464022
1st Edition
Authors: Abdul Rauf Mahar, Ayesha Bhatti, Muhammad Junaid Ashraf, Asfand Zubair Malik
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