The price differential between ten-year Treasury note futures and Treasury bond futures. Realizing profits from taking a view on this…

In Arabic musharaka (مشاركة). It is a partnership mode of Islamic finance in which partners contribute equal or unequal ratios…

An FRN that is embedded with caps or collars (caps and floors) so that the floating rate movement (adjustment) is…

An agency in which remuneration (ajr or iwadh) is explicitly stipulated and specified in the agency contract (aqd al-wakalah/ aqd…

In the case of a call option, it is the amount that results from subtracting the strike price and the…

Arabic (متولي الوقف) for the administrator/manager/trustee/superintendent of waqf (Islamic endowment); the custodian of an endowment (waqf) who undertakes responsibility for management…

An interest rate floor that consists of a number of floorlets along with a prespecified limit. It is designed to…

A subclass of musharaka sukuk. Mudaraba sukuk are, by definition, certificates that represent ownership in projects or activities managed on…

A calendar put spread that is established by selling a front-month put option at a given strike price and buying…

The party who seeks liquidity from entering into a tawarruq (Islamic monetization). In Arabic script, mustawriq (also mutawarriq) is written:…