Filter by Categories
Accounting
Banking

ICM Instrument

A investment instrument that is based on profit and loss sharing, asset-backed transactions, and risk-sharing contracts, and certain types include...

Islamic Capital Market Instrument

A investment instrument that is based on profit and loss sharing, asset-backed transactions, and risk-sharing contracts, and certain types include...

Islamic Capital Instrument

A contract or contractual agreement that gives rise to a financial asset (cash, an equity instrument issued by another entity,...

Substance and Form

In accounting, substance of a transaction/ event implies its actual and original nature and economic reality, while form (legal form)...

Promotional Gift

A form of gift (hadiyyah) that is given by an Islamic financial institution (IFI) to certain customers as a means...

Promotional Prize

A type of prize (jaizah) that an Islamic financial institution (IFI) awards to its customers, including quasi-equity (QE) holders (e.g.,...

Contingency Endowment

A type of waqf (endowment) in which the yield (ghallah) is held in reserve so that it can be used...

Contingency Waqf

A type of waqf (endowment) in which the yield (ghallah) is held in reserve so that it can be used...

Participatory Investment Instrument

An instrument (or an account) that is held by an investor/ investment accountholder (e.g., depositor of funds) under a profit...

Syndicated Murabaha Financing Facility

A murabaha-based financing facility whereby funds for the purchase of the asset (commodities, durable assets, etc.) are provided by a…