IBANK 10.3.17 Musharakah Sukuk

Musharakah sukuk represent the direct proportionate ownership shares of the holders in the assets of a private commercial enterprise or project, where the subscription money is normally used to purchase non-liquid assets.

Note Musharakah sukuk are profit-sharing and loss-sharing instruments where the exposures are of the nature of equity positions in the banking book, except in the case of investments (normally short-term) in assets for trading purposes.

Derived from QFCRA RM/2015-2 (as from 1st January 2016).