An amount that an insurance company sets aside, on its the balance sheet, in addition to unearned premiums in connection...

A type of reserve that an insurance company (insurer) is required to create as a cushion against losses (generally, fluctuations)...

A non-statutory reserve that is created by virtue of the application of accounting policy for non-financial assets such as property,...

A type of reserve that is maintained by a bank or financial institution as a minimum amount to meet the...

An amount that is taken out of an Islamic bank’s income (mudaraba income, investment account holders’ income, etc) as a…

A charge that an Islamic bank makes against earnings. In other words, it is a contra-asset that is created by…

It stands for capital redemption reserve; a reserve that is set aside for buy-back schemes and redemptions of preference capital...

A reserve that is set aside for buy-back schemes and redemptions of preference capital (preferred shares capital). It is a...

A reserve that a bank creates (out of its monetary profits) and holds in excess of required reserves, minus monetary...

A reserve that a bank creates (out of its monetary profits) and holds in excess of required reserves, minus monetary...