An iron condor, generally, involves buying or selling four options at four different exercise prices. When an investor buys the calls…

A calendar strangle that is designed to profit as the underlying is believed to stay stagnant over a specific period…

An asset that can be converted into cash or used to pay current liabilities within one year or during a…

The increase in the value of a financial or physical asset over its normal life-time or a specific period of…

A promise to pay which is made when the drawee of a time draft (bill of exchange) writes the word…

An istisna’a contract in which one counterparty (the seller or the buyer) is also a counterparty to a previous istisna’a…

It stands for restricted investment account, which is an Islamic investment account which is subject to certain restrictions imposed by…

An index derivative product, initially launched in 2009, which represents a smaller than standard-sized futures contract that is priced at…

A sophisticated analytical method which was initially introduced to find solutions for random-behavior problems by calculating approximate probabilities of specific…

An amount that is taken out of an Islamic bank’s income (mudaraba income, investment account holders’ income, etc) as a…