👉 In Islamic finance, a sheaf is a type of financial instrument that represents an asset or liability on which interest rates are applied. Sheaves can be classified into different types such as Treasury bills, Commercial paper, and Corporate bonds. A Treasury bill is a debt security issued by the government of a country. It represents the nominal value of a specific amount of money at maturity, with the interest rate applicable to this amount being determined by the central bank of the issuing country. The term "sheaf
