An off-balance sheet (Off-BS) account is an asset or a liability that is not legally required to be presented as...
Manfa’ah (منفعة) refers to the benefit/ usufruct obtained from the use of a tangible asset or a service. Examples of...
Literally, waqf (وقف), also habs, refers to prevention (to prevent), restriction (to restrict/ restrain), or confinement (to confine). Technically, it...
Technically speaking, a reserve differs from an allowance (such as the allowance for impairment or credit losses) in terms of...
Faskh al-aqd (فسخ العقد) refers to the termination (dissolution) of a contract (aqd) unilaterally (by one party to the contract)...
Repo rate is the rate of interest at which commercial banks borrow money, for short-term periods, from the central bank...
Repo rate is the rate of interest at which commercial banks borrow money, for short-term periods, from the central bank...
A trade scheduling algorithm is an execution algorithm (trade executing algorithm) that slices large orders (institutional size orders)- i.e., parent...
A deposit is an amount of money, whether in the form of cash, checks, or drafts, that is placed with...
A strategy is a dynamic plan or set of plans defining an enterprise’s long-term goals, and action/ reaction toward existential...