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.
Follow zeedsharia to learn about fiqh muamalah, Islamic financial management, and other Sharia-compliant investments!