The act of selling shares of stock short. In other words, it involves the sale of shares not owned by…

A diagonal calendar call spread which is constructed by selling a long-term at-the-money call option and buying a short-term out-of-the-money…

Arabic (عقد الإشتراك) for a contract (aqd) that entails sharing in ventures/ businesses and profits (ribh) through specific partnership (sharakah/sharikah).…

Arabic (عقد مضاف إلى المستقبل) for a contract (aqd) which comes into effect at a specific date in the future.…

Arabic (عقد التمليك) for contracts (aqd) that entails acquisition (or transfer) of ownership (mulkiyyah). This involves properties and rights (huquq)…

An interest rate swap (IRS) whose maturity doesn’t exceed 2 years. A short-term interest rate swap (STIRS) involves the settlement…

When a call option is exercised, it is said, then, to have been called. For an option on a physical…

A bond that is issued by a private nonprofit entity such as a hospital, school, church, etc. Typically, an issuer…

The act or process of taking risk, whether intentionally or unintentionally. In its juristic sense, mukhatara is a condition for…

A type of sale (ba’i) in which a lender sells a commodity to a borrower for more than its market…