Filter by Categories
Accounting
Banking

IAB

An acronym for Islamic accepted bill; a bill of exchange which is drawn on or by a bank, payable at...

IAH

It stands for investment account holder; the individual/ entity that has deposited funds with an Islamic bank (IFI), via Shari'ah-compliant...

ICM

It stands for Islamic capital market; the market in which Shari’ah complaint securities/ assets (capital instruments) such as equities, sukuk,...

ICPN

An acronym for Islamic capital protected note; an Islamic capital protected product/ instrument that provides its holder (the investor) with...

RIA

It stands for restricted investment account, which is an Islamic investment account which is subject to certain restrictions imposed by…

PER

It stands for profit equalization reserve; a reserve that is created by an Islamic bank by appropriating a specific amount…

Ijarah MBT

It stands for ijarah muntahiah bittamleek; an ijarah contract that ends up with the transfer of ownership of leased properties/...

IMBT

It stands for ijarah muntahiah bittamleek; an ijarah contract that ends up with the transfer of ownership of leased properties/...

CRV 

It stands for cash realizable value; The amount that a company expects to realize in cash (naqd) or cash equivalent…

Ba’i al-‘Aariyyah

A type of sale in which some trees in an orchard are donated by the owner to the needy in…