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...

It stands for a non-binding murabaha to the purchase orderer; A non-binding MPO is a murabaha to the purchase orderer...

It stands for purchase orderer; the purchasing party to a murabaha to the purchase orderer (MPO) (or broadly a murabaha...