Islamic finance

This topic has 3 replies, 2 voices, and was last updated 9 years ago by John Moffat.

Viewing 4 posts - 1 through 4 (of 4 total)

Author

Posts
September 7, 2016 at 3:38 pm #338625
Anuja Nair
Member
- Topics: 365
- Replies: 353
Hi sir, what does it mean by ” Sukuks are not asset-backed ” ?

I dont understand.
September 7, 2016 at 5:57 pm #338700
John Moffat
Keymaster
- Topics: 57
- Replies: 54857
It means there is no security given for the borrowings.
September 8, 2016 at 3:20 am #338875
Anuja Nair
Member
- Topics: 365
- Replies: 353
Oh okay. I get it now. Thank you sir.
September 8, 2016 at 7:08 am #338911
John Moffat
Keymaster
- Topics: 57
- Replies: 54857
You are welcome 🙂
Author

Posts

Viewing 4 posts - 1 through 4 (of 4 total)

You must be logged in to reply to this topic.