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Accounting
Banking

Riba al-Qurudh

Arabic (ربا القروض) for riba associated with lending and borrowing (i.e., received in lending or paid in borrowing). It is…

Dayn Mu’ajjal

Arabic (دين مؤجل) for debt (dayn) that need not be repaid before it falls due (i.e., on its maturity date). However,...

Forward Swap Option

An option that gives its holder the right, without the obligation, to enter into a forward swap at a given maturity/expiration…

Short Bond

A bond with a short period remaining until maturity date. Bonds with less than two years to maturity are often…

Soft Bullet

A bullet that pays no principal prior to a specified “targeted maturity date”. Thereafter, it pays monthly if the target…

Soft Bullet Security

A bullet security that pays no principal prior to a specified “targeted maturity date”. Thereafter, it pays monthly if the…

DIB

An abbreviation for deferred-interest bond; a special type of deferred-coupon bond in which coupon interest is deferred for a specified…

Single Call Swap

A callable swap that can be cancelled only on a single pre-determined date in the future. This swap gives the…

Maturity Date

The date on which a derivative instrument expires or becomes due for payment or settlement. It is also referred to...