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 (784)
Beximco 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 StandardHong 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 StudyIran unveils new draft rules on real estate investment funds in bid to prop up beleaguered Islamic economy
Thursday, 22 Jul 2021 | Volume18.Issue30
Daily Cover StoryIraq: Spreading its wings
Monday, 19 Jul 2021 | Volume18.Issue29
Cover StoryCompany Focus: LOTUS Bank
Tuesday, 13 Jul 2021 | Volume18.Issue28
IFN ReportsLuxembourg: An established partner for Islamic finance in Europe
Tuesday, 06 Jul 2021 | Volume18.Issue27
FeaturesGreen investments in Iraq
Tuesday, 29 Jun 2021 | Volume18.Issue26
Special ReportsAlnahrain Islamic Bank launches new financing
Thursday, 17 Jun 2021 | Volume18.Issue25
News BriefsDeveloping Islamic derivatives as real hedging instruments
Tuesday, 11 May 2021 | Volume18.Issue19
Special ReportsHedging: Innovation in Islamic derivatives
Tuesday, 27 Apr 2021 | Volume18.Issue17
FeaturesLegislative proposal on tax treatment for Islamic finance operations in Italy
Tuesday, 27 Apr 2021 | Volume18.Issue17
IFN Correspondent ReportsCompany Focus: Standard Bank
Tuesday, 13 Apr 2021 | Volume18.Issue15
IFN ReportsPrivate sector Sukuk and innovative financing in Bangladesh
Tuesday, 13 Apr 2021 | Volume18.Issue15
Special ReportsEgypt finalizes sovereign Sukuk law
Tuesday, 13 Apr 2021 | Volume18.Issue15
IFN Correspondent ReportsInfrastructure and project finance: Increasing need for funding
Tuesday, 06 Apr 2021 | Volume18.Issue14
IFN AnalysisMore Shariah rights for the agent
Tuesday, 30 Mar 2021 | Volume18.Issue13
Back to BasicsTunisia: Turning to the Islamic capital market
Tuesday, 23 Mar 2021 | Volume18.Issue12
IFN AnalysisBangladeshi conglomerate prepares Republic’s largest non-sovereign Sukuk to fund solar projects
Monday, 08 Mar 2021 | Volume18.Issue10
IFN ReportsFrance: At a standstill
Tuesday, 23 Feb 2021 | Volume18.Issue08
IFN AnalysisNew topic, new discussion: Aqd Wakalah Bil Istithmar or investment agency agreement
Tuesday, 16 Feb 2021 | Volume18.Issue07
Back to BasicsThe perspectives of Salam-based products in Morocco
Thursday, 11 Feb 2021 | Volume18.Issue07
IFN Correspondent ReportsIslamic finance in agriculture
Tuesday, 09 Feb 2021 | Volume18.Issue06
FeaturesNingxia and AIIB the dual engines for Islamic finance under BRI
Monday, 08 Feb 2021 | Volume18.Issue06
IFN Correspondent ReportsCredit ratings in Islamic finance industry
Tuesday, 02 Feb 2021 | Volume18.Issue05
Special ReportsIslamic leasing industry sees light at the end of the tunnel
Friday, 22 Jan 2021 | Volume18.Issue04
IFN Correspondent ReportsIFN Deals of the Year 2020
Tuesday, 19 Jan 2021 | Awards Report 2020
Cover StoryIslamic banks focus on agricultural sector in Syria to improve economy
Tuesday, 05 Jan 2021 | Volume18.Issue01
FeaturesMorocco: A challenging start for Islamic finance
Tuesday, 22 Dec 2020 | IFN Annual Guide 2021
FeaturesOpportunities and expectations for Islamic finance in Uzbekistan
Tuesday, 22 Dec 2020 | IFN Annual Guide 2021
FeaturesMarket outlook on Islamic accounting
Tuesday, 22 Dec 2020 | IFN Annual Guide 2021
FeaturesFasten your seatbelts — successfully navigating the turbulence
Tuesday, 22 Dec 2020 | IFN Annual Guide 2021
FeaturesRegulation of Islamic finance operations in Algeria
Tuesday, 22 Dec 2020 | IFN Annual Guide 2021
FeaturesThe Islamic project and infrastructure finance market
Tuesday, 22 Dec 2020 | IFN Annual Guide 2021
FeaturesAn overview of Iran’s capital market in 2020
Tuesday, 08 Dec 2020 | Volume17.Issue49
Special Reports