It stands for Islamic capital market; the market in which Shari’ah complaint securities/ assets (capital instruments) such as equities, sukuk,...
An acronym for Islamic capital protected note; an Islamic capital protected product/ instrument that provides its holder (the investor) with...
It stands for restricted investment account, which is an Islamic investment account which is subject to certain restrictions imposed by…
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 cash realizable value; The amount that a company expects to realize in cash (naqd) or cash equivalent…
A type of sale in which some trees in an orchard are donated by the owner to the needy in…
An abbreviation for accepted bill-i or Islamic accepted bill; a bill of exchange which is drawn on or by a...
An acronym for murabaha to the purchase orderer which is a murabaha transaction whereby the Islamic bank purchases an asset/...