An option contract that has an earlier expiration date than a contract that is presently being devised or considered. For…

An undertaking (binding promise– wa’ad mulzim) by either the issuer of sukuk or the manager of sukuk-financed project/assets to repurchase…

A structured forward contract which gives the holder the right, without the obligation, to buy or sell forward at maturity…

An ijara contract that doesn’t end up with the transfer of ownership of leased properties to the lessee. In other…

A trader or investor who sells a covered or naked option to the effect that the buyer is being delivered…

The risk that affects the operations of an Islamic bank (Islamic financial institution– IFI) including the risk of loss arising…

It stands for United Currency Options Market. A proprietary system which was introduced by the Philadelphia Stock Exchange (PHLX) to…

An equity structured product (and a reverse convertible) that provides an enhanced coupon. Coupon enhancement (yield enhancement) is typically done…

It stands for tranche-loss credit default swap; a basket-linked credit default swap(basket-linked CDS) which protects the buyer (the long) from…

It stands for peer-to-business crowdlending (also person-to-business or people-to-business crowdlending); a form of crowdfuding/ crowdlending that involves the individuals (the…