An average rate option which gives the holder the right, but not the obligation, to buy the underlying asset, with…

A type of guaranty which is particularly used in guaranteeing debts. Dhamanah comes usually in the form of collateral whereby…

An average rate option which gives the holder the right, but not the obligation, to sell the underlying asset, with…

An options strategy that is based on two accumulator-in one-sided knock-out options on two different notionals and activation (knock-in) triggers.…

In the United Kingdom, a financial company (such as a bank, merchant bank, etc) that endorses a bill of exchange…

An interest rate swap (pay fixed, receive floating) whose notional value adjusts according to rising interest rates by linking the…

Another name for bay al-salam; by definition, it is a type of sale (bay’), which is an exception to the…

A bond which is mainly issued to refinance previously issued bonds that carry higher coupons than current market. An advance…

A futures contract (usually not exchange-traded) which has a clause allowing the holder to transfer his rights of assignment to…

An option that a company offers to an employee in a stock ownership (stock purchase or stock option agreement) or…