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Wrap Account

An investment account for which a holder pays it cost in the form of a "wrapped" fee, covering all of...

Profit-Sharing Investment Account

An investment account with an Islamic financial institution (IFI) (or broadly, a portfolio or fund) is managed by the institution...

PSIA

It stands for profit-sharing investment account; an investment account with an Islamic financial institution (IFI) (or broadly, a portfolio or...

Unrestricted Investment Account

An Islamic investment account that is subject to no restrictions as to the purpose, geographical distribution or way of investing...

RIA

It stands for restricted investment account; an Islamic investment account which is subject to certain restrictions imposed by the account...

Restricted Investment Account

An Islamic investment account which is subject to certain restrictions imposed by the account holder with respect to the purpose,...