A type of sale (bay’) which is effected using down payment or advance money (arboon– عربون) with the condition that…
A trust fund that a company creates for the purpose of buying shares in itself for the sake and benefit…
It stands for against the box; a short sale which is carried out by the holder of a long position…
A share of common stock, commonplace in the United Kingdom, that confers rent rights, but no control rights, on its…
A provision that is usually stipulated in, or attached to, a debt instrument or swap agreement, by virtue of which…
An average rate option which gives the holder the right, but not the obligation, to sell the underlying asset, with…
The trading of options that is meant to “artificially” induce intensive trading using options volume trading and open interest, among…
The return which is earned by an actively managed portfolio in excess and over an average market return (benchmark). Active…
A floating-rate note (FRN) which has a minimum and a maximum interest rate, i.e., an embedded collar. This collar has…
An interest rate floor in which the successive floorlets cover decreasing notional principal amounts. In other words, the notional principal…
