A bond which is mainly issued to refinance previously issued bonds that carry higher coupons than current market. An advance…
A form that is used to file with the securities and exchange authorities (the SEC) in lieu of a proxy…
A mortgage that can be transferred to another borrower. This mortgage (often shortened to assumable) let a future buyer of…
A contract of sale (ba’i or bay’) in which the seller reveals (or is under obligation to reveal) to the…
A company whose earnings are growing at a faster rate than other companies in the industry or the boarder economy.…
Arabic (بيع السنين) for a type of sale (ba’i) in which the underlying object is an agricultural produce (such as…
A floored put whose payoff is received instantaneously by the option holder. The payoff is a cash amount equal to…
A person who supports gold, and its financial products such as gold certificates and gold ETFs, as an investment and…
The sale (ba’i) of goods that have not been actually or constructively possessed by the seller. This involves the sale…
Arabic (تخصيص) for allocation of a public property for public use/ utility. This happens when government authorities earmark and allocate…