In general, hawalah (الحوالة) is an agreement to transfer or assign something to someone else. The subject matter (mahall- محل)...
By definition, a deposit is cash amounts, checks or drafts given or endorsed to a bank (depositee) and credited to...
Event risk covenants are triggered by designated events, generally associated with a change in corporate control (e.g., mergers, acquisitions, restructuring,...
The swap market allows borrowers (especially those at a disadvantage to borrower from banks) to lock in the best rates...
LIBOR or the London interbank offered rate is the rate at which international banks charged each other for money borrowed...
A financial institution participating in musharakah contracts (whether permanent musharakah or diminishing musharakah) is typically exposed to four different types...
A stack hedge is a hedging technique and a front load hedge which involves concentrating most of the futures contracts...
A swap is a derivative contract entailing the exchange of two different payment streams over the life of the contract....
A swaption is an option which has a swap as underlying. It gives the holder (buyer) the right but not...
A corporate distribution to a stockholder that is viewed by the tax authorities (such as the IRS) as a dividend...