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…

An option that expires or pays off if the underlying hits or exceeds the outstrike price. For example, in the…

A type of ijarah which involves the sale of a clearly specified underlying asset, which is currently being produced or…

Alternative term for an out of the money option. Always from buyer’s perspective, it is an option whose underlying’s market…