Is Oman Sovereign Sukuk (XS2351310482) halal?
Questionable
Oman Sovereign Sukuk (XS2351310482) passes Sanad's Shariah screen for Sukuk.
Key facts
| ISIN | XS2351310482 |
|---|---|
| Currency | USD |
| Credit ratings | Moody's Ba1 · Fitch BB+ |
| Trustee | Oman Sovereign Sukuk S.A.O.C. |
Underlying assets
Lease assets owned by the Trustee and leased back to the Government of the Sultanate of Oman (represented by the Ministry of Finance) under a master lease agreement and supplemental lease agreements
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Frequently asked questions
Is Oman Sovereign Sukuk (XS2351310482) halal?
Oman Sovereign Sukuk (XS2351310482) 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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- Saudi Telecom Sukuk (XS1992985694)
Automated screen based on the sources cited above, not a fatwa; scholars differ. Not investment advice.