A structured product/ instrument that is modeled on a conventional equity-linked note(ELN). The conventional one provides investors with a fixed…

It stands for the Arabic term arbun/arboon/urboun (عربون). It is the amount of money which is paid by a potential…

Arabic (عربون) for down payment, "partial" payment in advance, or security deposit. The payment/ deposit is intended to secure a...

It is urboun or arbun in Arabic. By definition, it the amount of money which is paid by a potential...

The amount of money that is paid by a potential buyer to the seller at the time of contract (aqd...

A shar'iah-compliant equivalent to conventional put option. The put option gives the holder the right, without the obligation, to sell an...

A shar'iah-compliant equivalent to conventional call option. The call option gives the holder the right, without the obligation, to buy...

The amount of money which is paid to the seller in a murabaha transaction upon the request of the purchase...

An Islamic finance alternative to option contracts (conventional options). By definition, it is a shari'ah compliant form of contract which...

An Islamic finance alternative to option contracts (conventional options). By definition, it is a shari'ah compliant form of contract which...