Islamic bonds - the Financial Services Agency
Japan version of Sukuk (Islamic bonds)
Tax measures Q & A related to
Q: What is the Sukuk (Islamic bonds)?
A: The Sukuk (Islamic bonds), it is not possible to deal with corporate bonds to generate interest Yi
It can be handled in the slums of investors and issuers, financial in compliance with Islamic law
The trade, refers to those economically have the same nature and corporate bonds.
Sukuk is, the economic will not have the same nature and corporate bonds, but legal is not the bond itself,
Is a composition as securities for distributing the cash flows arising from the real estate and business to be the underlying assets.
Who owns the Sukuk, the economic subject to the distribution of interest equivalent to the cash flow of corporate bonds
But, it is subject to legal in the distribution of cash flows arising from the real estate and business to be the underlying assets