An article by the Acting Director General of IRTI, Dr. Sami Al-Suwailem on crypto Sukuk in the link below.
Excerpt:
"But the underlying technology, the blockchain technology and the cryptographic techniques, are obviously of immense potential. The question, however, is how to apply these technologies productively. One such application is in the area of Islamic capital markets instruments, particularly Sukuk.
Sukuk are commonly defined as “Islamic bonds”, which is unfortunate. Sukuk, as characterized by AAOIFI standards and many other authentic sources, include both fixed and variable income modes of finance, and thus they cover both risk-sharing and debt-based structures."
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Image credit - Blossom Finance
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