Islamic bonds, known as Sukuk, are financial instruments that comply with Islamic law, or Sharia. Unlike traditional bonds that pay interest, Sukuk represent ownership in an asset or project, generating returns through profit-sharing or rental income. This structure ensures that investments are ethical and aligned with Islamic principles. Sukuk can be issued by governments, corporations, or financial institutions to raise funds for various purposes, such as infrastructure development or business expansion. Investors receive periodic payments based on the asset's performance, making Sukuk an attractive option for those seeking Sharia-compliant investment opportunities.