It stands for bond-over-stock warrant; an outperformance warrant in which the payout is determined based on the performance of a…
A path-dependent interest rate option (specifically an interest rate floor) which provides investors holding floating rate assets with protection against…
A Parisian option in which the holder’s possibility and right to exercise is enlivened if the underlying price reaches a…
A credit linked note (CLN) whose redemption and coupon payments are linked to a single default event and also depend…
A path-dependent interest rate option (specifically, an interest rate cap) which protects its holder against increases in total interest obligations…
The determination of the monetary amount at which an asset/ liability is to be recognized in the balance sheet using...
It stands for knock-in swaption. A barrier swaption in which protection exists or activates only if the swap rate crosses…
It stands for put-call-futures parity; the relationship between the prices of calls (call options), puts (put options), and futures (futures…
A murabaha transaction that involves an Islamic bank or financial institution purchasing shares through a client as agent and reselling…
Arabic (محاباة) for deference in a transaction. More specifically, it means a favor extended in an exchange-based transaction, either by…