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Embedded Derivative

A derivative that is added to a financial asset or financial liability or generally to a non-derivative contract (also known...

Islamic Derivative

A shari’a-compliant form of derivatives that is based on using contracts such as salam, back-to-back loans, etc., and applying tools...

Derecognition

The process that involves the removal of a financial asset or financial liability or generally any element (that was already...

Derivative

A financial instrument or agreement/ contract whose value changes in reaction to the change in a specific underlying asset or...

Absolute Rate

The fixed rate in an interest rate swap expressed as a percentage rate instead of a premium or a discount to a specified reference rate. The...