Islamic Finance

Restricted Agency

February 17, 2023
Islamic Finance

Rukhsah

February 17, 2023

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An exchange-traded stock option with non-standard features in terms of the strike price, maturity, or exercise style (American-style, European-style, etc). Furthermore, this option is subject to no position limit. More specifically, equity FLEX options allow users to customize contract terms and expand position limits for exchange listed equity options and index options.

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