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Memorandum of Understanding for Mudarabah Financing

Mudarabah is a form of sharakah (partnership) in profit (ribh) whereby one party (rab al-mal) provides capital and the other…

Fully Paid Share

A share of stock for which the issuer has no right to request more payments from the holder as payment...

Fully Paid Securities

Securities for which the issuer has no right to request more payments from the holder as payment has been completed...

Daily Volume-Weighted Average Price

A form of volume-weighted average price that is calculated based on daily transactions. In other words, it is the dollar…

Bear Correction

A market situation that arises when prices experience temporary retracement in a declining market (bear market). In other words, this...

Bearish Correction

A market situation that arises when prices experience temporary retracement in a declining market (bear market). In other words, this...

Bullish Correction

A market situation that arises when prices experience temporary retracement in a rising market (bull market). In other words, this...

Bull Correction

A market situation that arises when prices experience temporary retracement in a rising market (bull market). In other words, this...

Overbought

A market situation/ condition in which the price of a security (or broadly an investment) has increased above a sustainable...

Oversold

A market situation/ condition in which the price of a security (or broadly an investment) has dropped below a sustainable...