جناح انٹرنیشنل ائیر پورٹ کی بنیاد پر حکومت پاکستان کے جاری کردہ اجارہ صکوک کا شرعی جائزہ

SHARIAH REVIEW OF IJARA SUKUK ISSUED BY GOVERNMENT OF PAKISTAN BASED ON JINNAH INTERNATIONAL AIRPORT

Abstract

It is well known that Sukuk began to play a major and prominent role in the field of Islamic economics, as it proved its effectiveness in covering the financial needs of the state and the industrial sector on bases that are compatible with Islamic law. Among the most important of these Sukuk are the lease Sukuk, which contain the main position in the international Sukuk issuances. On the other hand, Pakistan occupies a high position among the countries that are interested in issuing Sukuk to cover its economic needs, and that most of the Sukuk of the government of Pakistan have been issued and are still being issued on the basis of lease Sukuk, and there are some jurisprudential issues in which the point of view of Pakistani scholars differs from that of Arab scholars. Therefore, some people raised suspicions about its compatibility with the principles of Islamic law, so there was a need to study it and study a sample of it to identify the extent of its conformity with Islamic law. In this study, I took from it one of the most important issued Sukuk in the country, which was issued on the basis of Jinnah International Airport in Karachi. The study concluded that it is in conformity with the Islamic Sharia and there is nothing to be taken or rejected from the legal point of view.