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Islamic Capital Market

The market in which Shari’ah complaint securities/ assets (capital instruments) such as equities, sukuk, and other securities are traded. The...

Bay al-Istijrar

In Islamic finance, it is a contract (of bay') whereby a supplier agrees to deliver a specific commodity/ item to...

ICPN

An acronym for Islamic capital protected note; an Islamic capital protected product/ instrument that provides its holder (the investor) with...

Islamic Capital Protected Note

An Islamic capital protected product/ instrument that provides its holder (the investor) with capital protection as to the initial invested...

Bay al-Mudhtarr

A type of sale (bay') in which the seller resorts to selling his property (assets, belongings, etc) under duress or...

Investment Pool

A pool (collection of distinct assets) whose risks and rewards (dhaman and ghunm), wholly or proportionately, are attributable to the...

Al-Mulkiyyah

Arabic (الملكية) for ownership; an owner or co-owner has a certain right (or set of rights) over the underlying property/...

Dhaman al-Mulkiyyah

Arabic (ضمان الملكية) for ownership risk; it is a central and fundamental concept in Islamic finance (and broadly fiqh al-muamalat)...

Daman al-Mulkiyyah

Arabic (ضمان الملكية) for ownership risk; it is a central and fundamental concept in Islamic finance (and broadly fiqh al-muamalat)...

Daman al-Milkiyyah

Arabic (ضمان الملكية) for ownership risk; it is a central and fundamental concept in Islamic finance (and broadly fiqh al-muamalat)...