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 cash and cash equivalents; all items that have the nature of cash (naqd) and cash equivalents including...

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...

It stands for investment risk reserve; a reserve that is created by an Islamic bank by appropriating a specific amount out of...

It stands for effective rate of return method; a method of allocating income from an asset or venture in a uniform and...

It stands for effective profit rate method; a method of allocating income from an asset or venture in a uniform and...

It stands for effective profit rate method; a method of allocating income from an asset or venture in a uniform and...