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Duration Gap

A tool that measures the mismatch between a firm's assets and liabilities. It is a measure of the sensitivity of...

Daily Price Limits

A regulatory response to a state of extreme volatility in the market whereby policymakers require all trade prices to stick...

Price Limits

A regulatory response to a state of extreme volatility in the market whereby policymakers require all trade prices to stick...

Swap

One of the most widely used derivatives, which represents an agreement between two parties to exchange cash flows of two...

Margin Swap

A swap in which there is a margin above or below LIBOR (a upward or backward margin) on the floating...

Bullet

A standard option on an underlying contract which is composed of a strip of monthly, quarterly or seasonal futures, whereas...

Bullet Swap

Unlike resetting swaps, it is a swap in which the notional principal is constant throughout the life of the swap....

Sukuk

Plural of sakk, which refers to an Islamic financial certificate representing undivided, partial ownership in a debt (sukuk al murabaha),...

Green Sukuk

Sukuk (pl. of sakk) which are structured and issued for the purpose of financing shari’ah-compliant investments in renewable energy (solar...

GCA

It stands for gross carrying amount; the amortized cost of an asset, before adjusting for any loss allowance (without deduction...