sukuk-investor

What problem does it solve?

Helps finance teams correctly classify sukuk investments under IFRS 9 (e.g., HTC/HTCS vs FVTPL) and apply AAOIFI FAS 25 guidance for income recognition and impairment, reducing misclassification risk and ensuring consistent reporting.

Core Features & Use Cases

• IFRS 9 classification guidance: determine Held-to-Maturity, Held-to-Collect-and-Sell, or FVTPL based on SPPI results.
• Initial recognition and measurement: guidance for amortised cost, FVOCI, or FVTPL, aligned with AAOIFI FAS 25.
• Impairment and income modeling: ECL considerations for GIS, GII and other sukuk types; guidance on periodic income recognition.
• Use Case: A bank classifies a Pakistan GIS sukuk correctly and calculates ECL and amortised cost income for a 5-year horizon.

Quick Start

Determine the sukuk's classification under IFRS 9 by applying the SPPI test, then assign amortised cost, FVOCI, or FVTPL and apply AAOIFI FAS 25 alignment for income recognition and impairment.