Basically it's slipped over the tang and pinned on.
From here:
http://www.scrapyardknives.com/tech.htmResiprene C Handle
(Think of it as an all-terrain truck tire with better chemical resistance)
Resiprene C was made famous as a handle material when it was used on the Busse Combat Basics. Respirene C, these handles have all the advantages of rubber handles without any of the disadvantages. They are comfortable, shock absorbing, slip resistant when wet, and provide insulation from the cold. Unlike Kraton, Resiprene C is a Non-hygroscopic material which means that it will neither "take on" or "emit" fluids. This quality not only gives them unparalleled durability but makes them extremely easy to keep clean as dirt will simply not stick to them. It is impervious to salt water, petroleum based chemicals and is much more resistant to higher and colder temps than is Kraton. Resiprene C is likewise impervious to the powerful insect repellant, DEET. It is so amazingly tough and durable that Busse stands as the only company to have ever put a Lifetime Guarantee on a rubber handle. All Scrap Yard handles are fully textured to supply a slip-resistant purchase in any grip configuration. So, whether you hold the blade in a saber grip, reverse grip, upside down grip, side grip, or whatever which way you are required to hold it for your particular application, you will be assured of having a secure hold.
Handle Tang Design and Construction
Scrap Yard knives feature the strongest tang design possible. It is nearly the full length of the handle and comes within 1/4" of the butt of the handle (see photo). When designing the tang for these blades we had considered having it protrude through the end of the handle, but our testing proved that this feature, when used as designed, for hammering, allowed dirt, debris, and excessive moisture to gather under the handle. This in turn leads to a much greater possibility for handle and/or tang failure. At Scrap Yard Knife Co. we don't take chances when it comes to long term durability and performance.
You'll also note the radiused curves leading to the tang from the blade (see photo). Not only do these eliminate the possibility of stress fractures and microscopic fissures that can cause catastrophic failure in the field but the large lower radius ensures that the handles will not rotate on the tang like many competitor's handles will when used in hot climates.
Noting that our knives are designed to be used in the most extreme conditions, we must anticipate the worst possible scenarios possible. With this in mind, we designed our handle tangs to be used effectively even if the handles are removed. Of course this is an almost impossible scenario as it would most likely require burning the handle off, but it is better to be prepared than not (see photo).
Handle Design
Not only are the Scrap Yard handles incredibly ergonomic but they offer some other great features. The front of the handle drops down in front of the hand in order to protect it from the integral steel guard. This allows for the hand to remain protected even under heavy stabbing, digging, or plunging operations. The butt of the handle, likewise, drops down at the rear of the handle in order to provide a secure grip when chopping or slashing. The molded friction tape texture covers the entire handle and provides the securest grip possible. The brass lanyard hole allows for added security for extreme use situations.