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Showing results for sukuk. Search instead for sukur.

sukuk

British  
/ ˈsʊkəʊk /

noun

  1. a financial certificate that conforms to Muslim strictures on the charging or paying of interest

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of sukuk

Arabic

Example Sentences

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Saudi issuers raised $49.3 billion through bonds and sukuk in the first half of 2026, accounting for 48% of GCC issuance, as wholesale debt markets take a larger role in meeting funding needs, Kamco says.

From The Wall Street Journal Sep. 10, 2026

The transaction comprised $1.25 billion of five-year sukuk maturing in 2031 and $2 billion of 10-year notes due in 2036.

From The Wall Street Journal Sep. 3, 2026

Moody's Investor Service said it expected around $11 billion to be raised from the sale of bonds and sukuk.

From Reuters Feb. 9, 2023

It also has a Transition Finance Framework through which it can raise cash via transition bonds, sukuk or loans, either through public transactions or private placements.

From Reuters Sep. 29, 2021

Like bonds, sukuk make regular payments to investors.

From New York Times Dec. 26, 2013

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