If you decide to sell your Sukuk prior to its maturity, it is important to note that our bank may charge a transaction commission or apply a markdown. A markdown refers to a percentage deducted from the sales price in order to cover transaction costs and generate a profit for the bank. The markdown percentage increases based on the number of times you sell your Sukuk before maturity: 0% for the first sale, 3% for the second sale, and 5% for the third and subsequent sales. You can request early sales after 1 week of Sukuk issuance date.

In the event that you make the decision to sell your Sukuk prior to its maturity, it is crucial to be aware that our bank reserves the right to impose either a transaction commission or a markdown. The term "markdown" signifies a specific percentage that is subtracted from the sales price with the intention of covering transaction costs and generating a profit for the bank. It is worth noting that the markdown percentage escalates in accordance with the number of times you sell your Sukuk before reaching maturity. For the initial sale, no markdown will be applied, ensuring that you receive the full sales price. However, for the second sale, a markdown of 3% will be implemented, reducing the overall sales price by that percentage. Additionally, for any subsequent sales beyond the second occurrence, a markdown of 5% will be enacted, resulting in a further reduction of the sales price. You can request early sales after 1 week.

If you wish to sell your Sukuk prior to maturity, please contact us at Spv@aladdinplus.net.