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Islamic Currency Option

An Islamic finance treasury arrangement that an Islamic bank and a counterparty enter into for the purpose of foreign exchange...

Islamic Option

An Islamic finance alternative to option contracts (conventional options). By definition, it is a shari'ah compliant form of contract which...

Khiyar al-Naqd

A special case of khiyar al-shart (condition option), which comes into effect if the parties to the contract of sale...