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IFN UK Forum 2022

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.

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News related to Istisnah (846)

Sovereign Securities: Bangladesh mulls Sukuk Istisnah for infrastructure development project

Monday, 18 Apr 2022 | Volume19.Issue16

IFN 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

IFN 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 Pronouncement

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

IFN 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

IFN 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

IFN 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 Pronouncement

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 Pronouncement

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 Pronouncement

Istisnah guidelines out

Wednesday, 05 Jan 2011 | Special Awards Issue

News Briefs

MRCB’s Senior and Junior Sukuk Istisnah

Friday, 04 Jul 2008 | Volume5.Issue26

Case Study

Beximco Sukuk’s return at 5.8%

Monday, 06 Jun 2022 | Volume19.Issue23

News Briefs

Afghan commercial bank prepares for full Islamic conversion of portfolio

Monday, 16 May 2022 | Volume19.Issue20

IFN Reports

Compendium of Shariah resolutions to strengthen reliance of the Nigerian market

Friday, 13 May 2022 | Volume19.Issue20

IFN Correspondent Reports

Differences between Sukuk Ijarah and other types of Sukuk — Part 4

Tuesday, 10 May 2022 | Volume19.Issue19

Back to Basics

Bosnia-Herzegovina: New year, new struggles

Tuesday, 10 May 2022 | Volume19.Issue19

IFN Analysis

Sovereign Securities: Pakistan sells five-year Sukuk Ijarah paper

Tuesday, 26 Apr 2022 | Volume19.Issue17

IFN Reports

Differences between Sukuk Ijarah and other types of Sukuk — Part 3

Tuesday, 26 Apr 2022 | Volume19.Issue17

Back to Basics

Bangladesh Bank auctions Sukuk

Thursday, 21 Apr 2022 | Volume19.Issue17

Deals

Bangladesh auctions BGIIBs

Wednesday, 20 Apr 2022 | Volume19.Issue17

Deals

Bangladesh: Strong growth for Islamic finance and banking

Monday, 18 Apr 2022 | Volume19.Issue16

IFN Analysis

Bangladesh auctions BGIIBs

Wednesday, 13 Apr 2022 | Volume19.Issue16

Deals

Sanctions of western countries on Russia make Islamic financial model more in demand

Wednesday, 06 Apr 2022 | Volume19.Issue15

IFN Correspondent Reports

Infrastructure and project finance: Challenging times

Tuesday, 05 Apr 2022 | Volume19.Issue14

IFN Analysis

VAT cut to popularize Sukuk in Bangladesh

Thursday, 31 Mar 2022 | Volume19.Issue14

IFN Correspondent Reports

Accounting treatment of certain Islamic banking transactions

Wednesday, 23 Mar 2022 | Volume19.Issue13

IFN Correspondent Reports

Tunisia: A resilient Islamic finance market

Tuesday, 22 Mar 2022 | Volume19.Issue12

IFN Analysis

Banga Building Materials’s Sukuk: A landmark debut

Tuesday, 22 Mar 2022 | Volume19.Issue12

Case Study

Structured finance: High financing volume

Tuesday, 15 Mar 2022 | Volume19.Issue11

IFN Analysis

Islamic infrastructure financing — a further moral compass?

Tuesday, 15 Mar 2022 | Volume19.Issue11

Features

Data analytics for Shariah compliance

Tuesday, 15 Mar 2022 | Volume19.Issue11

Special Reports

SAH Diagnostics’s Islamic financing: A unique transaction

Tuesday, 15 Mar 2022 | Volume19.Issue11

Case Study

Islamic modes of financing for agriculture

Tuesday, 08 Mar 2022 | Volume19.Issue10

Special Reports

France: Islamic real estate financing on the rise

Tuesday, 22 Feb 2022 | Volume19.Issue08

IFN Analysis

Recent Islamic finance developments in Afghanistan

Tuesday, 22 Feb 2022 | Volume19.Issue08

Features

IFN Weekly Round-up: 12th – 18th February 2022

Friday, 18 Feb 2022 | Volume19.Issue08

IFN Reports

Islamic finance in agriculture

Tuesday, 08 Feb 2022 | Volume19.Issue06

Features

IFN Monthly Review: January 2022 — All about Sukuk, blockchain and Takaful

Wednesday, 02 Feb 2022 | Volume19.Issue06

IFN Reports