Is IsDB Trust Services 2 (XS2470609798) halal?
Questionable
IsDB Trust Services 2 (XS2470609798) passes Sanad's Shariah screen for Sukuk.
Key facts
| ISIN | XS2470609798 |
|---|---|
| Currency | USD |
| Credit ratings | S&P AAA · Moody's Aaa · Fitch AAA |
| Trustee | IDB Trust Services Limited and IsDB Trust Services No.2 SARL |
Underlying assets
Portfolio comprising at least 51% tangible assets (Leased Assets, Disbursing Istisna'a Assets, Shari'a compliant equity instruments/Shares, Sukuk and/or Restricted Mudaraba Assets) and no more than 49% intangible assets (Istisna'a Receivables, Loan (Qard) Receivables, Commodity Murabaha (Tawarruq) Receivables and/or Murabaha Receivables)
Go deeper on Sanad
Free to look up. These parts are included with a free trial or Sanad Pro.
- 🔒 Comparison across five Shariah standardsPRO••••••
- 🔒 Profit schedule and maturity detailsPRO••••••
- 🔒 Alerts when the status changesPRO••••••
Frequently asked questions
Is IsDB Trust Services 2 (XS2470609798) halal?
IsDB Trust Services 2 (XS2470609798) 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
- Indonesia PP SBSN III (US71567RAH93)
- Indonesia PP SBSN III (US71567RAK23)
- Indonesia PP SBSN III (US71567RAU05)
- KSA Sukuk Ltd (XS1599284202)
- KSA Sukuk Ltd (XS1881581968)
- Saudi Telecom Sukuk (XS1992985694)
Automated screen based on the sources cited above, not a fatwa; scholars differ. Not investment advice.