A forward rate agreement (FRA) is an effective tool to apply a preset interest rate (known as the FRA rate)...
A haircut (specifically, a collateral haircut) is the reduction to, or deduction from, the collateral posted by the borrower and...
A prepaid income tax is an asset, recorded on the balance sheet of an entity as a prepaid item, representing...
Deferred cost is a cost that has already been incurred by an entity, but which corresponds to more than one...
A derivative is a financial instrument or agreement/ contract whose value changes in reaction to the change in a specific...
Mudaraba is a partnership in profit in which one partner provides capital (rab al-mal) and the other provides labor and...
An Islamic bank may set up a qardh fund as a means of serving specific social objectives through providing for...
Murabaha (also spelled murabahah) is a shari’a compatible mode of debt financing which involves the sale of a commodity mostly...
Murabaha (also spelled murabahah) is a shari’a permissible mode of debt financing which involves the sale of a commodity mostly...
Murabaha (also spelled murabahah) is a shari’a compatible mode of debt financing which involves the sale of a commodity mostly...