Wakalah is an Arabic term (وكالة) that implies, in literal meaning, the act of taking custody of something or applying...

A type of partnership (sharaka or musharaka) for profit (ribh) which is structured so that one partner (known as rabb...

A swap spread is the difference between the fixed interest rate and the yield of a Treasury security of the...

By definition, a cap is a series of options called caplets, each written on a specific forward interest rate. In...

Asset backed-sukuk involve granting the investor (sukuk holder) a share of a tangible asset or business venture along with a...

The contract of istisna’a is a contract of sale (ba'i) which involves the future delivery of specified items to be...

A term bond is a series of bonds that are issued by the same borrower and mature on the same...

A Eurobond is a bond that is issued by an international borrower and sold to investors in countries with currencies...

Companies go public for a variety of reasons and considerations (access to capital, liquidity, external growth, etc). A company's decision...

A prospectus is a brief, legal document formulated in a simple style and used to present to potential investors all...