An acronym for Islamic accepted bill; a bill of exchange which is drawn on or by a bank, payable at...
It stands for investment account holder; the individual/ entity that has deposited funds with an Islamic bank (IFI), via Shari'ah-compliant...
A investment instrument that is based on profit and loss sharing, asset-backed transactions, and risk-sharing contracts, and certain types include...
It stands for Islamic capital market; the market in which Shari’ah complaint securities/ assets (capital instruments) such as equities, sukuk,...
It stands for restricted investment account, which is an Islamic investment account which is subject to certain restrictions imposed by…
A structured product/ instrument that is modeled on a conventional equity-linked note(ELN). The conventional one provides investors with a fixed…
It stands for profit equalization reserve; a reserve that is created by an Islamic bank by appropriating a specific amount…
It stands for ijarah muntahiah bittamleek; an ijarah contract that ends up with the transfer of ownership of leased properties/...
It stands for ijarah muntahiah bittamleek; an ijarah contract that ends up with the transfer of ownership of leased properties/...
It stands for additional tier-1 sukuk; the additional proceeds from a sukuk issuance that are used to enhance an entity's...