Sukuk definition:
The sukuk concept is based on the premise that any Islamic financing contract representing ownership of a tangible asset can be bought or sold,and hence can be structured in the form of tradable securities.
A sukuk represents:
An undivided proportionate beneficial ownership interest in an asset or portfolio.
The corresponding right [...]

FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four,Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.Also author to another very popular free educational accounting cum finance blog:http://basiccollegeaccounting.com under the branding of College Accounting Coach.
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