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Passive ETF

A type of exchange traded fund (ETF) that invests in listed securities in a bid to mimic the performance of...

Active Exchange Traded Fund

Also, actively managed exchange traded fund; a type of exchange traded fund (ETF) that is run by a manager that...

Diversification

A process or strategy that is applied to investments for the purpose of lowering the overall risk involved. Diversification revolves...

Face of Balance Sheet

Presenting an item as a heading or line item on assets or liabilities side of an entity's balance sheet. If...

Redeemable Debenture

A debenture that has a fixed maturity date by which it can be redeemed by the issuer. It continues until...

Ordinary Equity

A measure of equity that represents the ordinary/ common shareholders' interest in an entity. This interest (residual interest) is manifested...

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...

Small Cap Exchange Traded Fund

An exchange-traded fund (ETF) that aims to invest in a market's smallest companies (small cap). Small cap companies are subject...

Islamic Capital Instrument

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