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AB-i

An abbreviation for accepted bill-i or Islamic accepted bill; a bill of exchange which is drawn on or by a...

MPO

An acronym for murabaha to the purchase orderer which is a murabaha transaction whereby the Islamic bank purchases an asset/...

ICF

It stands for Islamic crowdfunding; a form of financing that involves the combination of Islamic finance with crowdfunding so as...

IPE

It stands for Islamic private equity; a shari'ah-compliant form of private equity (PE); it involves pooling of monetary/ financial resources...

PSIA

It stands for profit-sharing investment account; an investment account with an Islamic financial institution (IFI) (or broadly, a portfolio or...

ALS

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...

ICP

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

NRV

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

BBA

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

RIA

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