IBANK 10.2.6 Sukuk securitisation

The process of a sukuk securitisation is:

(a) first, the origination of assets;
(b) second, the transfer of the assets to an SPE which is created to issue the securities and manage the assets on behalf of the sukuk holders; and
(c) third, the issuance of the sukuk to investors.
Inserted by QFCRA RM/2017-1 (as from 1st April 2017).