Is KSA Sukuk Ltd (XS1881581968) halal?
Questionable
KSA Sukuk Ltd (XS1881581968) passes Sanad's Shariah screen for Sukuk.
Key facts
| ISIN | XS1881581968 |
|---|---|
| Currency | USD |
| Trustee | KSA Sukuk Limited |
Underlying assets
Murabaha Assets (commodities purchased pursuant to Murabaha Transactions) and Mudaraba Assets (infrastructure projects undertaken by the Kingdom of Saudi Arabia invested via Primary Mudaraba and Infrastructure Mudaraba arrangements)
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Frequently asked questions
Is KSA Sukuk Ltd (XS1881581968) halal?
KSA Sukuk Ltd (XS1881581968) passes Sanad's Shariah screen for Sukuk.
What is a Sukuk?
A Sukuk is an Islamic financial certificate that represents ownership in an asset or project, so holders earn a share of its returns rather than interest on a loan.
Other Sukuk
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- Indonesia PP SBSN III (US71567RAK23)
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- KSA Sukuk Ltd (XS1599284202)
- Saudi Telecom Sukuk (XS1992985694)
- KSA Sukuk Ltd (XS2072816114)
Automated screen based on the sources cited above, not a fatwa; scholars differ. Not investment advice.