An exchange-traded futures contract on the 3-month LIBOR rate. Each contract controls a notional amount of USD 100,000. Interest on…
A type of shari’a-incompatible sale (invalid sale or bay’ ghair sahih) that combines a normal sale with a condition (shart)…
An investor that doesn’t have a minimum net worth of $1 million (excluding primary residence equity) either independently or jointly…
A phrase that describes the act of exercising a put option. If a particular put contract is “put to seller”,…
A general term that may refer to either a dirty shell company or a messy shell company. Broadly speaking, unclean…
It is a low risk, low payoff options strategy, designed to take advantage of a market or security that is…
A structural feature involves imposition of a priori requirements structured liability amortization through a timetable of time steps and corresponding…
A balance guaranteed swap in which one leg pays LIBOR plus a spread, while the other leg pays the average…
A basic concept in finance maintaining that a currency unit today is not worth the same currency unit tomorrow or…
A vertical spread strategy which benefits from both high and low volatilities. However, the strategy is naturally bullish. In essence,…
