Zakah (زكاة) is Arabic for obligatory charity (the third pillar of Islam). It constitutes a portion of wealth prescribed by...
Swaps are typically quoted in two ways: as a spread (swap spread) and as an all-in rate: Spread: a swap...
Constructive possession (qabd hukmi) is the process or act or state of a party/ person having the legal rights over...
Murabaha is a type of trust-based sale (buyu al-amana) whereby acquisition of assets is financed on short or relatively long...
Hibah (هبة) is a gift (an amount of wealth) given gratis (for no consideration) for the sake of the recipient....
Murabaha is a mode of financing based on the sale of a commodity for a deferred price. Put another way,...
Swap tenor is the average length of a swap. Normally, the farther the tenor of a swap, the riskier it...
Mudaraba is a partnership in profit (and loss) in which one partner provides capital (rab al-mal) and the other provides...
Options (conventional options) are derivative contracts that give the holder the right, without the obligation, to trade (buy or sell)...
Zakat (زكاة) is Arabic for obligatory charity (the third pillar of Islam). It constitutes a portion of wealth prescribed by...