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PREPARED BY :

ABDUL HALIM BIN AB WAHID 17DIB11F1004


NUR FAIZATUL AMANINA BINTI SHAARI 17DIB11F1014
NURUL AMELLIA BINTI ARZEMI 17DIB11F1024
CONCEPT

FLOW OF MUDHARABAH
SUKUK
Investors (rab al-mal) will enter into
a mudharabah arrangement with the issuer
(mudharib) to invest in a business venture
which is Shariah-compliant. The investors (as
the sole primary subscribers) and the issuer
shall participate in the mudharabah venture.
Rab al-mal will provide
the mudharabah capital (sukuk proceeds)
pursuant to the subscription of the
mudharabah sukuk (Investment Certificate)
issued by the Issuer.

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