A repo rate that communicates the market participants’ economic expectations. Put another way, it is a forward rate that reflects…

An ijarah in which an asset is leased for a long period of time in a way that ujrah (compensation) is…

A general term that may refer to either a dirty shell corporation or a messy shell corporation. Broadly speaking, unclean…

A type of sale (bay’) in which the object of sale is not available at the contracting session (majlis al-aqd)…

The underwriter's profit or compensation in an initial public offering (IPO). It is equal to the difference between the offering...

The sale (ba’i) of goods that have not been actually or constructively possessed by the seller. This involves the sale…

An equity issue by a firm that doesn’t have common stock outstanding (i.e., that is not listed). Differently stated, it…

In Islamic finance, it is a contract (of ba’i or bay’) whereby a supplier agrees to deliver a specific commodity/item…

An equity issue by a firm that doesn’t have common stock outstanding (i.e., that is not listed). Differently stated, it…

A manipulative transaction which involves the sale (bay’) of a cow, she-goat, or ewe, with its udder being tied up…