Istisnah
English: advance purchase of goods or buildings
Alternate spelling: Istisna’a, Istisna’ah
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.
« Back to Glossary IndexNews related to Istisnah (846)
Sovereign Securities: Bangladesh mulls Sukuk Istisnah for infrastructure development project
Monday, 18 Apr 2022 | Volume19.Issue16
IFN ReportsBangladesh to issue Sukuk Istisnah
Monday, 18 Apr 2022 | Volume19.Issue16
DealsSovereign Securities: Bangladesh mulls Sukuk Istisnah
Tuesday, 22 Feb 2022 | Volume19.Issue08
IFN ReportsBB working on Sukuk Istisnah
Wednesday, 16 Feb 2022 | Volume19.Issue08
DealsTurkey’s first green Sukuk Istisnah
Monday, 03 Jan 2022 | Volume19.Issue01
DealsBeximco to issue Sukuk Istisnah
Thursday, 04 Mar 2021 | Volume18.Issue10
DealsIstisnah
Tuesday, 19 Nov 2019 | Volume16.Issue46
Shariah PronouncementFinal points on the Istisnah contract
Tuesday, 25 Jun 2019 | Volume16.Issue25
Back to BasicsIstisnah Shariah endorsement process
Wednesday, 19 Jun 2019 | Volume16.Issue25
IFN Correspondent ReportsPermissibility of financial compensation in Istisnah
Tuesday, 18 Jun 2019 | Volume16.Issue24
Back to BasicsImportance of Musataha arrangement for completion of an Istisnah contract
Tuesday, 11 Jun 2019 | Volume16.Issue23
Back to BasicsApplications of the Istisnah contract
Tuesday, 21 May 2019 | Volume16.Issue20
Back to BasicsIstisnah and parallel Istisnah
Tuesday, 02 Jan 2018 | Volume15.Issue01
Shariah StandardsHong Kong should capture the opportunities of Sukuk Istisnah for public-private partnerships
Monday, 19 Jun 2017 | Volume14.Issue25
IFN Correspondent ReportsPayment due for JEV’s Istisnah facility
Friday, 05 May 2017 | Volume14.Issue19
DealsFirst Sukuk Istisnah in Iran
Wednesday, 16 Dec 2015 | Volume12.Issue50
IFN ReportsFirst Sukuk Istisnah sale on Tehran Stock Exchange
Monday, 23 Nov 2015 | Volume12.Issue47
DealsAn 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 PronouncementKey differences between Istisnah and Wakalah structures
Wednesday, 02 Oct 2013 | Volume10.Issue39
Special ReportsAn 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 PronouncementAn 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 PronouncementIstisnah guidelines out
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsMRCB’s Senior and Junior Sukuk Istisnah
Friday, 04 Jul 2008 | Volume5.Issue26
Case StudyBeximco Sukuk’s return at 5.8%
Monday, 06 Jun 2022 | Volume19.Issue23
News BriefsAfghan commercial bank prepares for full Islamic conversion of portfolio
Monday, 16 May 2022 | Volume19.Issue20
IFN ReportsCompendium of Shariah resolutions to strengthen reliance of the Nigerian market
Friday, 13 May 2022 | Volume19.Issue20
IFN Correspondent ReportsDifferences between Sukuk Ijarah and other types of Sukuk — Part 4
Tuesday, 10 May 2022 | Volume19.Issue19
Back to BasicsBosnia-Herzegovina: New year, new struggles
Tuesday, 10 May 2022 | Volume19.Issue19
IFN AnalysisSovereign Securities: Pakistan sells five-year Sukuk Ijarah paper
Tuesday, 26 Apr 2022 | Volume19.Issue17
IFN ReportsDifferences between Sukuk Ijarah and other types of Sukuk — Part 3
Tuesday, 26 Apr 2022 | Volume19.Issue17
Back to BasicsBangladesh Bank auctions Sukuk
Thursday, 21 Apr 2022 | Volume19.Issue17
DealsBangladesh auctions BGIIBs
Wednesday, 20 Apr 2022 | Volume19.Issue17
DealsBangladesh: Strong growth for Islamic finance and banking
Monday, 18 Apr 2022 | Volume19.Issue16
IFN AnalysisBangladesh auctions BGIIBs
Wednesday, 13 Apr 2022 | Volume19.Issue16
DealsSanctions of western countries on Russia make Islamic financial model more in demand
Wednesday, 06 Apr 2022 | Volume19.Issue15
IFN Correspondent ReportsInfrastructure and project finance: Challenging times
Tuesday, 05 Apr 2022 | Volume19.Issue14
IFN AnalysisVAT cut to popularize Sukuk in Bangladesh
Thursday, 31 Mar 2022 | Volume19.Issue14
IFN Correspondent ReportsAccounting treatment of certain Islamic banking transactions
Wednesday, 23 Mar 2022 | Volume19.Issue13
IFN Correspondent ReportsTunisia: A resilient Islamic finance market
Tuesday, 22 Mar 2022 | Volume19.Issue12
IFN AnalysisBanga Building Materials’s Sukuk: A landmark debut
Tuesday, 22 Mar 2022 | Volume19.Issue12
Case StudyStructured finance: High financing volume
Tuesday, 15 Mar 2022 | Volume19.Issue11
IFN AnalysisIslamic infrastructure financing — a further moral compass?
Tuesday, 15 Mar 2022 | Volume19.Issue11
FeaturesData analytics for Shariah compliance
Tuesday, 15 Mar 2022 | Volume19.Issue11
Special ReportsSAH Diagnostics’s Islamic financing: A unique transaction
Tuesday, 15 Mar 2022 | Volume19.Issue11
Case StudyIslamic modes of financing for agriculture
Tuesday, 08 Mar 2022 | Volume19.Issue10
Special ReportsFrance: Islamic real estate financing on the rise
Tuesday, 22 Feb 2022 | Volume19.Issue08
IFN AnalysisRecent Islamic finance developments in Afghanistan
Tuesday, 22 Feb 2022 | Volume19.Issue08
FeaturesIFN Weekly Round-up: 12th – 18th February 2022
Friday, 18 Feb 2022 | Volume19.Issue08
IFN ReportsIslamic finance in agriculture
Tuesday, 08 Feb 2022 | Volume19.Issue06
FeaturesIFN Monthly Review: January 2022 — All about Sukuk, blockchain and Takaful
Wednesday, 02 Feb 2022 | Volume19.Issue06
IFN Reports