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Ribawi Items

The six substances (items) that are sold by weight and measure, literally: gold, silver, dates, wheat, salt and barley. Exchanging...

Put Leverage

An option leverage that measures the sensitivity of a put option’s price to changes in the underlying price. In other words, it is...

Short Vega

A position in options (vega) in which any decrease in the implied volatility of the underlying asset will generate a profit, even...

Vulnerable Option

An option on a defaultable instrument, which is, as such, subject to default risk resulting from the probability that the instrument’s issuer could not honor its contractual...

Vanilla Option

A standard option with no special or add-on features. Generally, vanilla products have standard and well-defined properties and trade actively. This category...

Combined Offering

An initial public offering (IPO) in which the issued securities are predominately a combination of primary and secondary shares. The offering consists...

Split Offering

An initial public offering (IPO) in which the issued securities are predominately a combination of primary and secondary shares. The offering consists...

Corridor Option

A path-dependent option that is typically embedded in a structured note (range note), allowing the holder to receive a coupon at maturity,...

Riba ad-Dain

Interest that is earned on lending money to another party (or interest that is paid on borrowing money from another party)....

Usury In Debts

Interest that is earned on lending money to another party (or interest that is paid on borrowing money from another party)....