Sukuk

Exploring Shariah-Compliant Investment Opportunities

Sukuk are a key component of Islamic finance that’s gaining attention in the digital asset realm. At Fusang, we delve into the fundamentals of Sukuk and how they fit into the broader landscape of investment options.

Fusang Sukuk Issuer

Unpacking the Mechanics of Sukuk

Sukuk, commonly known as Islamic bonds, represent ownership interests in underlying assets. Unlike traditional bonds, which involve the payment of interest, Sukuk adhere to Islamic principles prohibiting interest. Instead, they operate on the basis of profit-sharing or asset ownership, aligning with Shariah law. The underlying asset of the Sukuk issuance can be sovereign assets, real estate,  infrastructure projects or business ventures etc.

Facilitating Access to Shariah-Compliant Assets

Fusang Exchange facilitates the listing and trading of tokenised Sukuk, bringing innovation to the realm of Islamic finance. The process begins with the listing application to Fusang Exchange sponsored by Type 3 Listing Sponsor. Fusang performs thorough due diligence and compliance checks on the Sukuk structure before deciding on the listing approval. The Sukuk is then tokenised using the Fusang Depository Receipt (FDR) standard which is compliant with Sharia principles and regulatory standards. Smart contracts govern the issuance of Sukuk tokens, ensuring transparency and immutable records on the blockchain.

Listing Requirements

Different instruments have specific requirements to meet before they get listed on the Fusang Exchange. If you intend to list your assets, please refer to the below listing requirements for the Public and Private Boards.

Issuer Listing

Main Board Listing

Type of Instrument
Specific Requirement
Sukuk

Private Market Listing

Type of Instrument
Specific Requirement
Sukuk

Issuerless Listing in Main Board or Private Market

Type of Instrument
Specific Requirement
Sukuk

Listing Application Pack

If you are interested to list your tokens on the Fusang Exchange, please fill in the required application details and submit all the necessary documents to us. We shall revert back to you once we receive your listing application.

Type of Instrument
Specific Requirement
Bond and Sukuk