There Is Only One Type of Sukuk Regardless of the Types

question 81

True/False

There is only one type of sukuk regardless of the types of Islamic finance products used in their structuring.

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Definitions:

Months

Units of time into which a year is divided, normally consisting of 28 to 31 days.

Deposit

A sum of money placed or kept in a bank account, usually to gain interest.

Interest

The charge for borrowing money or the return on investment of saved funds.

Months

Units of time, each approximately 30-31 days long, used to measure durations and periods in the calendar year.