A replacement for collateralized securities that is identical in terms of type, nominal value, description and amount to the ones…

The act or process of taking risk, whether intentionally or unintentionally. In its juristic sense, mukhatarah is a condition for…

A bond that pays a rate of interest higher than an otherwise identical fixed-rate, bullet maturity bond, with the issuer…

It refers to shares bought in a private company that do not entitle their holders to current scrip issues. In…

A maqassa that involves the discharge of two debts at the request of the creditor, or the party who is…

A warrant whose ultimate payoff or redemption value is likely to be determined based on the results of an election.…

A form of musharaka sukuk that is structured based on the contract of muqaradah (mudaraba), whereby the capital (ras al-mal) is…

A variable rate note (floating rate note) that pays a floating coupon after a predetermined date; before this date the…

A shell corporation that conducts business transactions such as currency and asset transfers across the borders of its country of…

The amount of initial public offering (IPO) securities that is allocated to each underwriter (if two underwriters or more are…