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 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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Which of the following is not a characteristic of Sukuk? a. The returns are generated from the

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Financial Reporting For Islamic Financial Institutions Accounting Standards Interpretation And Application

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