A barrier option that aims to prevent a knock out. Pricing of such an option depends on the amount of…
An abbreviation for accepted bill-i or Islamic accepted bill; a bill of exchange which is drawn on or by a...
The exercise of an American-type option or other security prior to its maturity date. An option holder may choose to...
A clause in a contract, agreement or contractual obligation, such as a swap, whereby it is allowable to terminate the…
A contract of sale (ba’i) that is embedded with an option (khiyar), granting either party the right to rescind the…
An acronym for asset-backed credit default swap. It is a credit default swap on a mortgage-backed security or an asset-backed…
A type of sale (ba’i) in which grains in ears are sold for dry (processed) grain. For example, this sale…
An option that a company offers to an employee in a stock ownership (stock purchase or stock option agreement) or…
A type of transaction that involves the sale (ba’i) of an animal’s embryo such as that of a cow, she-camel,…
A currency option that confers on the holder the right, but not the obligation, to purchase an amount of foreign…