Further definition of Sukuk:  Islam forbids the lending of money, which makes a traditional bond market somewhat problematic.  Any explanations offered here would be simplistic at best since the rules and regulations governing Sukuk are complex and difficult to explain since they are deeply rooted in the Sharia or Arabic law, which is not codified in any one book or teaching. Rather, Sharia which translates to the “way to the water,” is a concensus of the teachings of Mohammed and his followers.  The Sunni and the Shia Muslims have different beliefs based on different teaching from different followers.  From an investor’s standpoint, the best analogy might be ethical investing or green investing where the goal is adherence to the spirit of the enterprise rather than evading the principles.  From a perspective of investment banking or financial engineering, Sukuk are derivative securities allowing the person with the money to post an assured  gain on the investment in question without lending the funds.  Currently, the following are trading on the DIFX:

For advertising or partnership opportunities please email us.

© 2008 |dubai-fund.net All rights reserved. Terms and Conditions