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PER

It stands for profit equalization reserve; a reserve that is created by an Islamic bank by appropriating a specific amount…

Reverse Acquisition

The acquisition of public shell companies. It occurs when a private operating company acquires a public shell company which has…

Prevailing Rate

A rent or wage amount or consideration that is determined by an arbitrator or judge (if disputed), or with respect…

Reverse Takeover

The acquisition of a public company by a private company so that the latter can become a public company without…

Riba Ghair Mubashir

Arabic (ربا غير مباشر) for indirect riba. It is a type of riba that arises from the simultaneous exchange of…

Reverse Merger

A merger with public shell companies. It is the merger of a private operating company into a public shell company…

Yield Giveup Swap

A bond swap and particularly a form of the intermarket spread swap whereby an investor may be compensated for the…

Digital Barrier Chooser Lookback Option

A barrier chooser lookback option that is associated with digitality, i.e., a feature giving a fixed payoff if the underlying…

Weighted-Average Antidilution

A type of antidilution provision that gives the holder of an equity-based security the right to obtain extra shares of…

Duration-Weighted Swap

An interest rate swap in which one of the legs depends on, wholly or partially, the effective rate extracted from…