A distinct sub-asset class (actually, a type of private equity) that is used to fill the funding gap between senior…

An interest rate floor that has its rates reset in arrears and likewise paid in arrears. However, in practice, a…

A form of return that is used to measure the performance of an investment, reflecting the amount of money that…

A capped call which has the features of an American option (American-style option). More specifically, it is a call option…

A guarantee or undertaking (binding promise– wa’ad mulzim) by either the issuer of sukuk or the manager of sukuk-financed project/…

An investor who takes a passive role in the management of the company in which he has a large stake…

A clause in a contract, agreement or contractual obligation, such as a swap, whereby it is allowable to terminate the…

An Arabic term that translates into immoveable property, as opposed to moveable property (al-manqul); by definition, it is a property…

An investor who takes an active role in the management of the company in which he has a large stake…

An interest rate swap which allows a firm to pay a fixed rate and receive a floating rate with an…