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Bona Fides

Latin for good faith or in good faith. It means that a party has acted or carried out a duty...

Unbundle

The separation of individual components of a contract (a combined contract) from each other for the purpose of treating each...

Conditional Ibra

An ibra' which is associated with real conditions. Should a given condition(s) be met, the party with the obligation will...

TWAP Algo

It stands for time-weighted average price algo; an algorithm (algo) that allows users of electronic trading to execute orders based...

TWAP Algorithm

It stands for time-weighted average price algorithm; an algorithm that allows users of electronic trading to execute orders based on...

TWAP

It stands for time-weighted average price; the average price of securities or contracts over a specific period of time. It...

Time-Weighted Average Price Algorithm

An algorithm that allows users of electronic trading to execute orders based on a constant participation rate through the period...

Time-Weighted Average Price

The average price of securities or contracts over a specific period of time. It is computed by picking up prices...

Bay’ al-Muratalah

The sale (ba'i or bay') in which a type of money (naqd) is exchanged for money of its genus based...

Bay’ al-Muratala

The sale (ba'i or bay') in which a type of money (naqd) is exchanged for money of its genus based...