An ijara contract that doesn’t end up with the transfer of ownership of leased properties to the lessee. In other…

The risk that affects the operations of an Islamic bank (Islamic financial institution– IFI) including the risk of loss arising…

A financial instrument that contains an unconditional promise by one party to enter into a foreign exchange transaction with another…

Arabic (غبن يسير) for a slight or minor ghabn; ghaban is a fraudulent practice by which one party to a...

A structured product/ instrument that is modeled on a conventional equity-linked note(ELN). The conventional one provides investors with a fixed…

Arabic (غبن يسير) for a slight or minor ghabn; ghaban is a fraudulent practice by which one party to a...

Certificates of equal value (sukuk) that are issued for the purpose of mobilizing funds to be used in the production…

In essence, fintech/ FinTech refers to the use of financial technology (such as smart phones and devices for online payment,…

Arabic (غبن يسير) for a slight or minor ghabn; ghabn is a fraudulent practice by which one party to a...

The amount of of net assets (of an Islamic investment fund) that is attributable to each share/unit at the end…