27/01/2026
Steps for Issuing Mudharabah Sukuk:
⢠Publisher publishes sukuk through a securities crowdfunding platform or stock exchange.
⢠Investors appoint a crowdfunding organizer or special purpose vehicle to manage the relationship with the publisher.
⢠Mudharabah contract signed between the organizer (as investor representative) and the publisher.
⢠Funds are delivered to the issuer and used for the project as per the contract and prospectus.
⢠Publishers work on projects.
⢠At the end of the project, the project proceeds are liquidated
⢠Profits are shared, losses are borne by the investor according to capital contribution, and the investor's capital is returned.
⢠Share the profit or loss according to the capital contribution, and return the remaining capital.
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