• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

ASSET BACKED AND ASSET BASED SUKUK

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › ASSET BACKED AND ASSET BASED SUKUK

  • This topic has 1 reply, 2 voices, and was last updated 3 years ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • March 27, 2022 at 3:56 pm #652036
    shaunak22
    Participant
    • Topics: 220
    • Replies: 41
    • ☆☆☆

    sir i read the techinical article on islamic finance which was explaining sukuk i could not understand the difference between asset backed and asset based sukuk? since in both of them we are purchasing in ASSET BASED SUKUK we are prucashing asset and leasing it IN ASSET BACKED SUKUK we are purchasing portfolio of asset which is already generating value is that the only difference

    Sir could you briefly explain the difference between asset backed and asset based sukuk?

    March 27, 2022 at 6:07 pm #652062
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54696
    • ☆☆☆☆☆

    The difference is really just as you have written. With asset based, the asset is purchased and then leased back to the company that is was purchased from (so for that company it effectively a sale and leaseback). With asset backed, they are purchasing assets that are already earning income.

    (The article is really a bit over detailed (it wasn’t written by the examining team) and I cannot imagine any exam question ever expecting the distinction between the two 🙂 )

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • Bimasha@123 on Discounted Cash Flow Techniques – ACCA Advanced Performance Management (APM)
  • Ken Garrett on Discounted Cash Flow Techniques – ACCA Advanced Performance Management (APM)
  • Bimasha@123 on Discounted Cash Flow Techniques – ACCA Advanced Performance Management (APM)
  • John Moffat on AA Chapter 7 Questions
  • John Moffat on FA Chapter 12 Questions Sales Tax

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in