FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/R8ZHACvzZdA3axSYEi5zcAO
Label Cash Interest Payment (for Sukuk Certificates)
Preferred Label Sharia-Compliant Yield Distribution
Identifier N/A
Alternative Labels
Islamic Investment Return Profit Distribution Payment Sukuk Periodic Distribution

Definition

A Cash Interest Payment, in the context of sukuk certificates, refers to the distribution of profits generated from Sharia-compliant investments to certificate holders. This payment structure involves the periodic distribution of actual cash returns derived from the underlying assets or business activities, as opposed to interest in the conventional sense, ensuring compliance with Islamic finance principles.

Class Relationships

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See Also

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Additional Information

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Editorial Information

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Deprecated

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