Is IsDB Trust Services 2 (XS2679288519) halal?
Questionable
IsDB Trust Services 2 (XS2679288519) passes Sanad's Shariah screen for Sukuk.
Key facts
| ISIN | XS2679288519 |
|---|---|
| Currency | USD |
| Credit ratings | S&P AAA · Moody's Aaa · Fitch AAA |
| Trustee | IDB Trust Services Limited / 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 certificates/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)
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Frequently asked questions
Is IsDB Trust Services 2 (XS2679288519) halal?
IsDB Trust Services 2 (XS2679288519) 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.