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Comparability in Accounting

In accounting, comparability refers to the quality of accounting information that makes an entity’s reporting about its performance, from different...

Admirable Crichton

An admirable Crichton is a person who super-performs in conducting or carrying out a task, study or pursuit. He/ she...

Investment Grade

A grade for securities (debt securities such as bonds or notes) having a short term rating of at least A-1...

Unfunded Swap Exchange Traded Fund

An exchange traded fund (ETF), specifically a swap exchange traded fund (swap ETF) that is structured to replicate its index...

Tracking Error

A measure of the deviation of the returns of an asset/ portfolio/ fund from benchmark returns over a period of...

Alternative Asset Class

An asset class that consists of assets not classified within traditional or classic asset classes. This includes assets such as,...

FFS ETF

It stand for fully funded swap exchange traded fund; an exchange traded fund (ETF), specifically a swap exchange traded fund...

Tracking Risk

A measure of the deviation of the returns of an asset/ portfolio/ fund from benchmark returns over a period of...

Tier-1 Non-Convertible Sukuk

A category of sukuk that belong to the class of tier-1 equity and are not convertible into the underlying (real)...

Unfunded Swap ETF

An exchange traded fund (ETF), specifically a swap exchange traded fund (swap ETF) that is structured to replicate its index...