A pool (collection of distinct assets) whose risks and rewards (dhaman and ghunm), wholly or proportionately, are attributable to the funds contributed by respective investors (stakeholders) within  different categories owners’ equity, quasi-equity and off-balance sheet assets under management of an Islamic financial institution (e.g., an Islamic bank).

An investment pool is generally treated, for accounting purposes, as a virtual entity and at times a standalone or separate reporting entity.