Sukuk

Sukuk are Islamic financial instruments similar to bonds, but they comply with Islamic law (Sharia). Instead of paying interest, which is prohibited in Islam, sukuk represent ownership in tangible assets, projects, or investment ventures. Investors receive returns based on the profit generated by these assets, not fixed interest payments. This structure promotes risk-sharing and ethical investment. Sukuk are often used to fund infrastructure projects, support government financing, or raise capital for businesses while adhering to Islamic principles, making them an attractive option for Muslim and non-Muslim investors alike.