A diagonal call spread which involves selling a lower-strike call option and buying a higher-strike call option, with the overall…

A volatility spread (specifically a time spread) that involves selling a far-month option and buying a near-month option where all…

It stands for structured upside participating equity receipt, which is an equity-linked note whereby an investor can participate in the…

Literally, it refers to anything that is missing, unavailable, or nonexistent. Technically, it is used in conjunction with a contract…

A commitment by a company to buy back its stock should its price drop below a specific level. Effectively, repurchasing…

A form of financing that involves the combination of Islamic finance with crowdfunding so as to address financing needs of…

An index participation unit which constitutes a basket product whose components are not supported by physical securities. That means this…

Another designation for mudarabah (mudarabah/ mudharaba/ mudharabah); by definition, it is a partnership (sharakah) in profit whereby one party (rab…

A type of guaranty (guarantee, or kafalah in Arabic) in which a third-party guarantees all of a trader’s debts, as…

All options of the same type (calls or puts) that trade on a given asset with specific expiration dates and…