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…

A standard option in which the payoff is derived under a specific condition imposed by the model on its underlying…

A financial instrument that contains an unconditional promise by one party to enter into a foreign exchange transaction with another…

A forward contract which obliges the holder to buy or sell a basket default swap (BDS) at a specified time…