An accounting principle that entails that for each credit/ debit entry made in one account, there is a corresponding entry…

In relation to a transfer system, it refers to the span of time (lag) between the acceptance of the transfer...

In relation to a transfer system, it refers to the span of time (lag) between the acceptance of the transfer...

An asset which carries little or no credit risk or liquidity risk and is used to settle payment obligations arising...

An asset or a claim on an asset that is accepted by a beneficiary (in a financial transaction) as a...

A murabaha-based financing facility whereby funds for the purchase of the asset (commodities, durable assets, etc.) are provided by a…

The posting of assets for the purpose of securing the performance of or delivery on, an obligation by one party…

In Arabic iflas (إفلاس). In general, it is a situation when a person runs short of funds. The bankrupt person…

The aggregate amount of the assets owned (and controlled) by an entity such as cash, cash equivalents, accounts receivable, inventory…

The aggregate amount of the assets owned (and controlled) by an entity such as cash, cash equivalents, accounts receivable, inventory…