cash flows and/or maturity value of assets may require credit risk for this type of Sukuk. It must be equipped with vital securitization elements through which the obligor can be effectively disconnected from the credit risk profile of the Sukuk. This definition is close to that of Moody's which defines asset-backed Sukuk as a place where investors have the benefit of asset support. They are in a preferential position as they have some sort of security on the underlying asset. Therefore, in the event of insolvency or default, sukuk holders have the right to realize the exposure value from the underlying