Sukuk Simplified: Mastering the Fundamentals

Lay the groundwork for your career in Islamic finance

Sukuk, commonly known as ‘sharia compliant bonds’, are Islamic financial certificates representing existing or future assets.

The first in a series of Sukuk masterclasses from INCEIF University, this four-week course will provide an introduction to a crucial area of Islamic finance.

From definitions of Sukuk to their differences from conventional bonds, you’ll gain the foundation you need to analyse, evaluate, and engage in Sukuk-related transactions.

Understand Sukuk and how they differ from conventional bonds

After an overview of the history, evolution, and terminology of Sukuk, you’ll delve into the nitty gritty of different definitions.

You’ll learn how three important institutions of Islamic finance, the AAIOFI, IFSB, and Securities Commission in Malaysia, define Sukuk.

You’ll also explore the similarities and differences between Sukuk and conventional financial bonds.

Master the concept of securitisation

In the fourth and final week of the course, you’ll look more closely at the concept of securitisation. This principle lies at the heart of Sukuk and has become crucial to Islamic finance generally.

With the specialist knowledge you gain through this course, you’ll be equipped to begin navigating the evolving landscape of Islamic finance.

To further your knowledge, take masterclass #2 in our Sukuk series: Sukuk in Practice: Structures and Contracts

The first in a series of masterclasses on the topic, this course is designed for bankers and financial professionals who are interested in understanding the fundamental principles of Sukuk.

It will also be beneficial for corporate treasurers, investors, government officials, and academics.

The first in a series of masterclasses on the topic, this course is designed for bankers and financial professionals who are interested in understanding the fundamental principles of Sukuk.

It will also be beneficial for corporate treasurers, investors, government officials, and academics.

• Explore the historical evolution and key terminologies of sukuk to construct a foundational understanding of sukuk in the context of Islamic finance.
• Develop a comprehensive definition of sukuk by evaluating its essential components and distinguishing characteristics within the framework of Islamic finance.
• Compare and contrast sukuk with conventional bonds, synthesizing critical insights into their structural differences and financial implications.
• Assess the concept of securitisation and its role in sukuk structures, enabling the synthesis of knowledge to analyse its impact on risk management and financial innovation within Islamic finance.