Sukuk, which is plural for sakk, refers to an investment certificate. As a fund-raising product, a sukuk, has often been referred to as Islamic bonds and subjected to comparison with conventional bonds. While the objective of a sukuk issuance may be the same as that of a bond, which is to raise financing, there are many differences between the two instruments.

- Critically evaluate the various sukuk structures ( CITATION NEEDED) 40 marks