An option spread that combines a long position and short position in put options on the same underlying asset. By…

A cancellable swap in which the fixed-rate receiver/ floating-rate payer has the right, but not the obligation, to terminate the…

A financial security (and a type of derivative) that is collateralized by a pool of underlying assets. Those assets could…

An Arabic expression that translates as gain of non-owned assets (i.e., assets whose risk is not borne by the profit…

A salam contract in which the seller (the short) or the buyer (the long) in the original (previous) salam becomes…

In the context of selling (ba’i or bay‘- البيع), ribh (in Arabic script: ربح) refers to the difference resulting from…

An options trading strategy that is based on establishing a spread position in which the premium on the short option…

The daily price at which all trades are cleared and all accounts between clearing accounts are settled by a clearing…

It stands for tranched portfolio default swap; a variation of collateralized debt obligations (CDOs) in which the exposure to the…

A set of principles whereby rules of Islamic jurisprudence (fiqh) are derived from specific evidences in the main shari’a sources…