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ICM

It stands for Islamic capital market; the market in which Shari’ah complaint securities/ assets (capital instruments) such as equities, sukuk,...

Islamic Capital Market

The market in which Shari’ah complaint securities/ assets (capital instruments) such as equities, sukuk, and other securities are traded. The...

ICPN

An acronym for Islamic capital protected note; an Islamic capital protected product/ instrument that provides its holder (the investor) with...

Islamic Capital Protected Note

An Islamic capital protected product/ instrument that provides its holder (the investor) with capital protection as to the initial invested...

Investment Pool

A pool (collection of distinct assets) whose risks and rewards (dhaman and ghunm), wholly or proportionately, are attributable to the...

Islamic ELN

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

Istisnaa Sukuk

Certificates of equal value (sukuk) that are issued for the purpose of mobilizing funds to be used in the production…

Islamic FinTech

In essence, fintech/ FinTech refers to the use of financial technology (such as smart phones and devices for online payment,…

Ijarah MBT

It stands for ijarah muntahiah bittamleek; an ijarah contract that ends up with the transfer of ownership of leased properties/...

IMBT

It stands for ijarah muntahiah bittamleek; an ijarah contract that ends up with the transfer of ownership of leased properties/...