A public shell that has been formed either through issuance of shares following a bankruptcy (these shares are publicly tradable under…

A form of tawarruq (Islamic monetization) which is sought per se as a mode of investment or financing, rather than…

An option strategy that combines a bull spread and a bear spread, each with a different exercise price. This strategy…

A development stage company that has no specific business plan or whose business plan is confined to merging with or…

A type of waqf (specifically, incorporated waqf) whose proceeds are used to serve a specific group of individuals (beneficiaries) such...

A range note that pays the holder an extra coupon for each period when the underlying index moves above a…

If the seller in a murabaha transaction manages to obtain, as a purchaser, a discount on the object of sale…

An option whose payoff is partially based on the movement of its underlying asset from initial cash price to the…

An interest rate swap in which the floating rate is set in arrears. This means, the floating rate is determined…

The closing price for an initial public offering (IPO) on the first day its securities trade on an exchange (secondary…