An acronym for asset-light sukuk; a sukuk structure that involves intangible assets as underlying, or in which the requirement of tangible assets is minimal. Companies...

It stands for islamic commercial paper; a commercial paper (CP) is a tradable certificate representing pecuniary rights whereby the issuer...

It stands for net realizable value (net realisable value); the amount that a company expects to realize in cash (naqd)...

It stands for ba'i bithaman ajil; a contract of sale (ba'i) in which goods are sold on a deferred payment...

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

It stands for displaced commercial risk; a risk exposure, in Islamic banks and financial institutions (IFIs), whereby the institution attempts...

It stands for unrestricted investment account, which is an Islamic investment account that is subject to no restrictions as to...

It stands for special purpose entity; a legal entity (such as corporate entity, limited partnership, trust, etc.) that is formed...

It stands for special purpose vehicle; a legal entity (such as corporate entity, limited partnership, trust, etc.) that is formed...

It stands for historical cost; in the conventions of Islamic accounting, the historical cost of an asset is its fair...