The month that that marks the expiration of any four classes of option contracts. This month, the last month in…
A shari’a approach (and one of the secondary sources of Shari’a) which is applied to prevent, on a pre-emptive basis,…
The day on which any four classes of option contracts (stock index futures, stock index options, stock options and single…
It refers to unrealized capital profits in an open position in options or futures (or generally in an investment portfolio).…
Arabic (دين مستقر) for debt (dain) that represents an established liability on a debtor (madeen). In other words, payment or…
It refers to unrealized capital losses in an open position in options or futures (or generally in an investment portfolio).…
Arabic (دين مشترك) for debt (dain) that arises from one transaction or engagement whereby it is owed to two or…
It refers to unrealized capital gains in an open position in options or futures (or generally in an investment portfolio).…
Arabic (دين مرجو الأداء) for debt (dain) that is collectible- i.e., one whose repayment is comfortably certain. The creditor expects…
Trades that involve selling a financial instrument without first borrowing the instrument or insuring that it already exists, as would…