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Immediate Historical Volatility

The volatility value which is realized during the period immediately preceding the date of forecast. This period is equal to…

CRV 

It stands for cash realizable value; The amount that a company expects to realize in cash (naqd) or cash equivalent…

IMM Futures

A standardized, exchange-traded futures contract to buy or sell a money market security at a set price on a particular…

Cash Realizable Value

The amount that a company expects to realize in cash (naqd) or cash equivalent (ashbah al-naqd) as payment from customers…

Capital Provider

The provider of funds in a contract of mudaraba. The capital provider (in Arabic rab al-mal) hands over mudaraba capital…

Hard Barrier Option

A barrier option which has a hard barrier (i.e., a level rather than a range). This option is typically knocked…

Capital of Sharika

Partners in a sharika should contribute capital in the form of cash or cash equivalents based on which the amount…

Ba’i al-‘Aariyyah

A type of sale in which some trees in an orchard are donated by the owner to the needy in…

Hard Commodity

A commodity that is the product of mining and extractive processes (such extraction of metals, minerals, oil, coal, etc). This…

‘Ariyah

Arabic (عارية) for a gratuitous loan (qard) whose underlying is a non-fungible (mithli) object or property, the substance of which…