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IFN Deals of the Year 2023

Istisna

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English: advance purchase of goods or buildings

Alternate spelling: Istisna’a, Istisna’ah, Istisnah

Definition: A contract of acquisition of goods by specification or order, where the price is paid in advance, or progressively in accordance with the progress of a job. For example, to purchase a yet to be constructed house, payments would be made to the builder according to the stage of work completed. This type of financing, along with Salam, is used as a purchasing mechanism, and Murabahah and Bai Bithaman Ajil are for financing sales.

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News related to Istisna (1,070)

Istisnah or forward lease (Ijarah)?

Tuesday, 06 Dec 2022 | Volume19.Issue49

Back to Basics

Sukuk Istisnah to raise BDT50 billion (US$521.83 million) for financing rural infrastructure development in Bangladesh

Thursday, 21 Jul 2022 | Volume19.Issue30

Correspondent Reports

Sovereign Securities: Bangladesh mulls Sukuk Istisnah for infrastructure development project

Monday, 18 Apr 2022 | Volume19.Issue16

Reports

Bangladesh to issue Sukuk Istisnah

Monday, 18 Apr 2022 | Volume19.Issue16

Deals

Sovereign Securities: Bangladesh mulls Sukuk Istisnah

Tuesday, 22 Feb 2022 | Volume19.Issue08

Reports

BB working on Sukuk Istisnah

Wednesday, 16 Feb 2022 | Volume19.Issue08

Deals

Turkey’s first green Sukuk Istisnah

Monday, 03 Jan 2022 | Volume19.Issue01

Deals

Beximco to issue Sukuk Istisnah

Thursday, 04 Mar 2021 | Volume18.Issue10

Deals

Istisnah

Tuesday, 19 Nov 2019 | Volume16.Issue46

Shariah Pronouncments

Final points on the Istisnah contract

Tuesday, 25 Jun 2019 | Volume16.Issue25

Back to Basics

Istisnah Shariah endorsement process

Wednesday, 19 Jun 2019 | Volume16.Issue25

Correspondent Reports

Permissibility of financial compensation in Istisnah

Tuesday, 18 Jun 2019 | Volume16.Issue24

Back to Basics

Importance of Musataha arrangement for completion of an Istisnah contract

Tuesday, 11 Jun 2019 | Volume16.Issue23

Back to Basics

Applications of the Istisnah contract

Tuesday, 21 May 2019 | Volume16.Issue20

Back to Basics

Istisnah and parallel Istisnah

Tuesday, 02 Jan 2018 | Volume15.Issue01

Shariah Standards

Hong Kong should capture the opportunities of Sukuk Istisnah for public-private partnerships

Monday, 19 Jun 2017 | Volume14.Issue25

Correspondent Reports

Payment due for JEV’s Istisnah facility

Friday, 05 May 2017 | Volume14.Issue19

Deals

First Sukuk Istisnah in Iran

Wednesday, 16 Dec 2015 | Volume12.Issue50

Reports

First Sukuk Istisnah sale on Tehran Stock Exchange

Monday, 23 Nov 2015 | Volume12.Issue47

Deals

An Islamic bank has been using an Istisnah and parallel Istisnah structure to finance the construction of residential as well as commercial buildings

Wednesday, 26 Nov 2014 | Volume11.Issue47

Shariah Pronouncments

Key differences between Istisnah and Wakalah structures

Wednesday, 02 Oct 2013 | Volume10.Issue39

Special Reports

An Islamic bank as a buyer has signed an Istisnah agreement with a customer as a seller, whereby the customer has to arrange for the construction and delivery of a building to the bank

Wednesday, 04 Sep 2013 | Volume10.Issue35

Shariah Pronouncments

An Islamic bank has signed an Istisnah agreement with its customer for sale of a property (to be developed) whereby the bank is the seller and the customer is the purchaser

Wednesday, 07 Aug 2013 | Volume10.Issue31

Shariah Pronouncments

Istisnah guidelines out

Wednesday, 05 Jan 2011 | Special Awards Issue

News Briefs

Istisna financing

Wednesday, 12 May 2010 | Volume7.Issue19

News Briefs

Industry welcomes Istisna greenlight

Wednesday, 14 Apr 2010 | Volume7.Issue15

Reports

MRCB’s Senior and Junior Sukuk Istisnah

Friday, 04 Jul 2008 | Volume5.Issue26

Case Studies

SACOFA and Sarawak Gateway’s Sukuk Istisna

Friday, 14 Mar 2008 | Volume5.Issue10

Case Studies

SACOFA’s Sukuk Istisna reaffirmed

Friday, 14 Mar 2008 | Volume5.Issue10

Ratings Updates

RAM reaffirm Al-Istisna ratings

Monday, 27 Jun 2005 | Volume2.Issue13

News Briefs

TTPC`s Al-Istisna’s ratings reaffirmed

Monday, 04 Apr 2005 | Volume2.Issue07

News Briefs

Durrat Al Bahrain Istisna`a Ijara Sukuk deal completed

Monday, 10 Jan 2005 | Volume2.Issue01

News Briefs

Unlocking synergy: International Commercial Terms and integration with Islamic finance products

Tuesday, 31 Oct 2023 | Volume20.Issue44

Special Reports

Islamic financing in the aviation and marine industries in Iran: Risk and challenges

Tuesday, 17 Oct 2023 | Volume20.Issue42

Special Reports

Role of Islamic finance in promoting women entrepreneurs in Pakistan

Tuesday, 03 Oct 2023 | Volume20.Issue40

Special Reports

IFN Law Awards 2023: Celebrating legal champions

Tuesday, 26 Sep 2023 | Volume20.Issue39

Cover Story

Integration of IsDB’s economic empowerment initiatives with the ESG agenda

Tuesday, 19 Sep 2023 | Volume20.Issue38

Special Reports

Prime Bank’s ‘Hasanah’ in Bangladesh: A path to prosperity

Wednesday, 23 Aug 2023 | Volume20.Issue35

Correspondent Reports

LEKAS secures extension on Sukuk

Monday, 21 Aug 2023 | Volume20.Issue34

Deals

Conglomerate sees completion of projects financed by Bangladesh’s first-ever green Sukuk

Tuesday, 15 Aug 2023 | Volume20.Issue33

Reports

Iran records all-time record of 119% growth in Sukuk volume from corporates in 2022

Tuesday, 18 Jul 2023 | Volume20.Issue29

Reports

Bosnia and Herzegovina: More Islamic finance players needed

Tuesday, 09 May 2023 | Volume20.Issue19

Analyses

Bangladeshi government exploring short-term Sukuk to meet immediate liquidity requirements

Tuesday, 25 Apr 2023 | Volume20.Issue17

Correspondent Reports

Bangladesh: Islamic finance growth led by demand

Tuesday, 18 Apr 2023 | Volume20.Issue16

Analyses

A glimpse of Shariah commodity roles for the Islamic banking industry in Indonesia

Tuesday, 18 Apr 2023 | Volume20.Issue16

Features

Islamic agricultural finance

Tuesday, 18 Apr 2023 | Volume20.Issue16

Special Reports

LEKAS restructuring allays RAM’s concerns

Tuesday, 11 Apr 2023 | Volume20.Issue15

Ratings Updates

SMBC Malaysia hopes to capture new market with ringgit products

Tuesday, 21 Mar 2023 | Volume20.Issue12

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Tunisia: Developing the Sukuk market

Tuesday, 21 Mar 2023 | Volume20.Issue12

Analyses

PODCAST: Two private companies to issue Sukuk in the Maldives by Q1 2023

Tuesday, 07 Mar 2023 | Volume20.Issue10

Reports