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…

A private equity fund which focuses on mezzanine financing, i.e., it uses subordinated debt with some degree of equity participation…

A risk-neutral measure that is used to price derivative contingent claims such as average rate options by implementing stochastic discount…

The final stage that consummates an initial public offering, specifically when an underwriting syndicate has been assured by solid commitments…