 Time for a recap. This is our recap five and we would like to assess our performance so far, especially your performance in terms of learning about Islamic modes of financing and their applications in the context of Islamic banking and finance. As you know that we have a quiz in this module and the previous modules on the recaps. This module would have this question. Question is on Sukuk Istisna and I would request you to write down your answer so that you are able to see for yourself whether you were right in your choice or you picked up a wrong answer. Remember this is only for you and you must do it. You should be type A student i.e. the one who would like to read the question carefully and pick up an answer based on your understanding. The question is a Sukuk Istisna A is also called forward lease Sukuk. B usually involves use of a forward lease contract. C is used for agricultural projects. D, a Sukuk Istisna and Sukuk Selam are one and the same thing. What is your answer? Please write it down and don't become a type B student. Don't Google it now. I am going to think about this one. A, B, C, D. I know for sure that there is a forward lease contract used in a lot of Istisna based Sukuk. So I am confused between A and B. Is it possible that a Sukuk Istisna is also known as a forward lease Sukuk? C is used for agricultural projects. D and Sukuk Selam are one and the same thing. I am inclined to pick B and let us see if this is the correct answer. B is the correct answer because normally we find the use of what is known as Ijara Mausufa Fiddimma which is the Arabic term for a forward lease contract. Remember when we discussed the Sukuk Istisna, we said that to generate frequent returns for the Sukuk investors, we have to employ a technique based on a forward lease contract between the obligor and the issuer. This is normally the case in most of the Sukuk Istisna structures although it is quite possible that in some Sukuk Istisna, this forward lease contract is not used and that happens when the Sukuk investors do not emphasize upon receiving frequent returns on a monthly basis, quarterly basis, six monthly basis or annual basis rather they would like to have their return at the end of the financing period. So, B is the correct answer. A is wrong because Sukuk Istisna has never been called a forward lease Sukuk although as I said a forward lease contract is frequently used in the structure of Sukuk Istisna but it has not been named as such. C is also wrong because Sukuk Istisna as we mentioned in our previous module, Sukuk Istisna is used for the projects related with construction, manufacturing and activities of this sort. Sukuk Istisna has not been used in any agricultural project and D is also wrong because Salam Sukuk is a completely different structure from a Sukuk Istisna. Salam Sukuk is used for liquidity management by Islamic banks and other Islamic financial institutions. So, the right answer of this quiz is B.