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Sighat al-Aqd

Arabic (صيغة العقد) for contractual formula (formula of a contract/ aqd). A formal exchange of offer/ proposal (ijab or 'ardh)...

Non-Derivative Host Contract

A contract that hosts or is embedded with a derivative component as a part of a single financial instrument. The...

Non-Derivative Contract

A contract that hosts or is embedded with a derivative component as a part of a single financial instrument. The...

CTM Contract

It stands for collateral to market or collateralized to market contract; a derivative or similar contract that is "collateralized to...

OTC Contract

An over-the-counter (OTC) contract is a bilateral contract in which two parties (or their representatives: brokers or bankers as intermediaries)...

Effective Date

The date at which a contract or legal agreement becomes effective. In other words, an effective date marks a point...

Commencement Date

The date at which a contract or legal agreement becomes effective. In other words, a commencement date marks a point...

Onerous Contract

A contract/ aqd (on an entity- e.g., an Islamic bank) in which the unavoidable costs of meeting the obligations under...

CFD

An acronym for contract for difference; a contract such as a forward, a futures, or an option whose payoff is...

Contract for Difference

A contract such as a forward, a futures, or an option whose payoff is based on the difference between two...