Under Sukuk Ijarah, the originator: a. Does not transfer the underlying assets to the SPV b. Pays

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Under Sukuk Ijarah, the originator:

a. Does not transfer the underlying assets to the SPV

b. Pays an amount equivalent to the initial financing obtained from the investors to buy back the asset from the SPV at the maturity date of the Sukuk

c. Does not share the ownership of the Ijarah assets with investors

d. Cannot initiate a Sukuk without creating an SPV

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Related Book For answer-question

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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Question Posted: Mar 11, 2024 03:31 AM

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Under Sukuk Ijarah, the originator: a. Does not transfer the underlying assets to the SPV b. Pays

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Financial Reporting For Islamic Financial Institutions Accounting Standards Interpretation And Application

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