A third-party warrant that is issued by a company (usually a bank or financial institution) on the stock of another…

A modern application of guaranties that constitutes a guaranty issued by a bank on behalf of a local merchant, securing…

A type of debt-based derivative instrument that provides a much safer investment than asset-backed or mortgaged-backed securities. This bond is secured by the cashflows generated…

A form of Islamic lease in which the contract is linked to the lessor’s liability. Lease of liability is the…

A bond that is issued by a foreign-domiciled borrower (such as a bank or financial institutions) in the currency of…

Arabic (ليّ) for the act of delaying repayment/payment of due debts (duyun) on maturity. Such a delay/procrastination may be the…

A yen-denominated bond which is issued in Japan by a non-domiciled (foreign) borrower. This type of foreign bond is mainly…

A practice by which a swap market maker runs a book of unmatched swaps and manages the entire set of…

An option that expires before its stated expiration date if the underlying has made significant leaps prior to an early…

An ijarah contract that ends up with the transfer of ownership of leased properties/assets from the lessor to the lessee…