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Accounting
Banking

Taskik

The process of issuing certificates that represent debts and loans (generally any type of obligations). The issued certificates (or securities)...

Tarabbus

Arabic (تربص) for waiting and tarrying for an opportunity. This involves refraining from certain actions or being actionless for some...

Sukuk

Plural of sakk, which refers to an Islamic financial certificate representing undivided, partial ownership in a debt (sukuk al murabaha),...

Green Sukuk

Sukuk (pl. of sakk) which are structured and issued for the purpose of financing shari’ah-compliant investments in renewable energy (solar...

Sadaqah

A voluntary act (nafelah) that involves giving or donating to a person or charity. By nature, sadaqah (in Arabic script...

QE

It stands for quasi-equity; instruments or investments or holdings that are not equity, per se, but bear similarity to equity...

Quasi-Equity

Instruments or investments or holdings that are not equity, per se, but bear similarity to equity instruments/ investments/ holdings or...

Ghobn Fahish

An excessive profiteering in which the seller intentionally deceives the buyer by stating explicitly or implicitly that the sale price...

Dain Muwathaq

Arabic (دين موثق) for debt (dain) that is backed by an asset (collateral or rahn) owned by the debtor (madeen)...

Al-Rahnu al-Mostaar

A pledged asset/ collateral (rahn) in which the posted asset, in association with a credit transaction, can be provided by...