An Arabic term (مخرج شرعي) for shari’ah-compliant alternatives or solutions or way-out to come around a prohibition or a deadlock…
A shari’a-compliant form of derivatives that is based on using contracts such as salam, back-to-back loans, etc, and applying tools...
A shari'a-compliant adaptation of the conventional cross-currency swap. This structure applies the mode of tawarruq (Islamic monetization or tripartite resale)....
A shar'iah-compliant equivalent to conventional call option. The call option gives the holder the right, without the obligation, to buy...
An Islamic finance treasury arrangement that an Islamic bank and a counterparty enter into for the purpose of foreign exchange...
An Islamic finance alternative to option contracts (conventional options). By definition, it is a shari'ah compliant form of contract which...
A type of khiyar (option) that is embedded in, or associated with, an Islamic finance arrangement (contract). By nature, the...
A type of wad (promise) that is embedded in, or associated with, an Islamic finance arrangement (contract). By nature, the...
A type of wad (promise) that constitutes, by nature and structure, a full-fledged Islamic finance arrangement which is used as...
A type of khiyar (option) that constitutes, by nature and structure, a full-fledged Islamic finance arrangement which is used as...