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Accelerated Vesting

An option that a company offers to an employee in a stock ownership (stock purchase or stock option agreement) or…

Ba’i al-Malaqeeh

A type of transaction that involves the sale (ba’i) of an animal’s embryo such as that of a cow, she-camel,…

Xccy Call

A currency option that confers on the holder the right, but not the obligation, to purchase an amount of foreign…

Discount Sale

A sale (ba'i) where the seller parts with the underlying goods for less than the principal amount or the original...

Xccy Put

A currency option that confers on the holder the right, but not the obligation, to sell an amount of foreign…

Bargaining Sale

In Islamic finance, it refers to the selling of a commodity at an agreed upon price irrespective of the original…

Xccy Swaption 

A cross-currency derivative which constitutes an option giving the holder the right, without the obligation, to enter into a cross-currency…

Ba’i al-Murawadah

The sale (ba’i) of goods that have not been actually or constructively possessed by the seller. This involves the sale…

Cross-Currency Floor

A cash-settled option that sets a minimum limit (floor/ interest rate floor) on the spread between two benchmark interest rates…

Ba’i al-Muwasafah

The sale (ba’i) of goods that have not been actually or constructively possessed by the seller. This involves the sale…