Research Output | Dar Al-hikmah Library | IIUM Only
Asset ownership is an important aspect of ṣukūk structuring and issuance. However, a recurring and contentious issue regarding the underlying ṣukūk asset is the actual nature of its ownership and the corresponding legal implications for ṣukūk holders and other parties in the ṣukūk transaction. Many ṣukūk are based solely on beneficia