What's the difference between a "Sak" (صك) and a "bond"? Choose one of the following answers:

The answer is option (B): 

 "Sak" is an asset-based investment with variable profit while a "bond" is a debt-based financial paper with a fixed interest.

There is a main difference between a "Sak" and a "Bond". Bond is translated as سند  in Arabic and it refers to the interest bearing fixed amounts of loans that individuals give to the governments (government bonds) or to corporations (corporate bonds). Those bonds are not allowed in Islam because they fall under Riba lending / borrowing. 

Whereas "Sak" is a singular word صك and the plural is Sukuk صكوك and this refers to investments in specific projects lead by an SPV (Special Purpose Vehicle) which is a company formed to run a specific asset-based project. The profits distributed to the Sukuk holders are not fixed, but they depend on the profitability of the project and each Sak holder gets a specific percentage of the net profit. 

I leave the answer to the experts, specialists in this field

i am agree with  Nuridin Islam Diab 

Thank you for this invitation and leave the answer for the professional

Thanks For inviting me , i agree your answer too 

Thanks

I support your answer my colleague

I agree with answers of experts

thanks for sharing your experiences and knowledge .............

I agree with Mr Nuridin answers, thanks for the invitation. ..

Sir, in Sak is factor of loss is there, if not how can it be allowed is Islam.