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Wash Trading

An illegal manipulative trading practice which involves entering into, or purporting to enter into, transactions in a way that gives...

Open Account

A sale transaction where the goods are shipped and delivered, while payment is deferred for a future date, which is...

Spread

A transaction in which the trader simultaneously purchases, or takes a long position in, a contract on a specific asset...

Spread Transaction

A transaction in which the trader simultaneously purchases, or takes a long position in, a contract on a specific asset...

Black Box Transaction

A portfolio default swap whose exact composition of obligors is not disclosed to the protection seller (in a credit derivative...

Khiyar al-Tadlis

A type of khiyar (Islamic option) which is given to the buyer so that if the seller has glossed over...

Khiyar al-Khiyanah

A khiyar (option) that comes into effect when the buyer, in a trust sale (ba’i al-amanah) finds out that the...

Khiyar al-Khiyana

A khiyar (option) that comes into effect when the buyer, in a trust sale (ba’i al-amana) finds out that the...

Khiyar al-Tadlees

A type of khiyar (Islamic option) which is given to the buyer so that if the seller has glossed over...

Khiyar al-Ayb

An option (khiyar) that gives the buyer the right, in case the object of sale is found to be defective,...