It equals the number of shares in an option contract (typically 100 shares) multiplied by the exercise price in that…

A contract of guaranty which is used to secure debts, retaliatory financial obligations (qisas), or other obligations, in the presence…

A short sale which is carried out by the holder of a long position in the same stock being sold. The…

An abbrevaition for par equivalent CDS spread; a measure of the creditworthiness of a bond. It sets the bond’s Z-spread…

It stands for peer-to-peer crowdlending (also person-to-person or people-to-peole crowdlending); a form of crowdfuding/ crowdlending that involves the individuals (the…

Arabic transliteration for receivables; the amounts which are due from an Islamic bank’s clients as a result of sale transactions…

A nine-character numbering system that is used to identify companies and individual securities in the United States and Canada. More…

Arabic (فرض كفاية) for collective obligation. It is an act that is obligatory only for the community (Islamic ummah) in…

A range accrual note (RAN) that has an embedded put option. It allows the holder (investor) to put the note…

A debt instrument (security) that gives the issuer the option to pay interest (coupon) either in cash (any form of…