Recognize non-bank financial institutions

in Islam also recognize non-bank financial institutions
Bonds

Bonds are debt / long-term debt in writing within the contract bonds are made by the debtor is obliged to pay the debt with interest (bond issuer) and the party receiving payment or accounts receivable held together with interest (the bondholders) is generally without the encumbrance of an asset . Bonds when first sold sold with a value of par value.
Bond in sum is a debt, but in the form of security. "Issuer" bonds is sipeminjam or debtor, while the "holder" of the bonds is a lender or lenders, and "coupon" bonds are interest loan to be paid by the debtor to the creditor. With this bond issuance will be possible for the issuer in order to obtain long-term investment financing by source of funds from outside the company.

In some countries, the term "bond" and "debenture" is used depends on the duration of maturity. Market participants generally use the term bonds for the issuance of debt securities in large quantities are offered widely to the public and the term "debenture" is used for the issuance of debt securities on a small scale that is usually offered to a huge number of small investors. There are no clear restrictions on the use of this term. There is also a known term "letter of treasury" that is used for fixed-income securities with a maturity of 3 years or less.