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T1 Equity

It stands for tier-1 equity; a category of equity (of an entity, e.g., an Islamic financial institution, IFI) that represents...

Tier-1 Equity

A category of equity (of an entity, e.g., an Islamic financial institution, IFI) that represents subordinated claims on an entity's...

Qard Current Account

An account with a financial institution that bears no compensation. It is a non-profit bearing, guaranteed loan (qard/ qardh) that...

Qard-Based Current Account

A non-profit bearing, guaranteed loan (qard/ qardh) that is extended by a client to an institution with the understanding that...

Equity-Type Instrument

An instrument that can be classified as a type of equity- i.e., it bears similarity to equity, though in essence...

Onerous Contract

A contract/ aqd (on an entity- e.g., an Islamic bank) in which the unavoidable costs of meeting the obligations under...

Onerous Commitment

A commitment (on an entity- e.g., an Islamic bank) in which the unavoidable costs of meeting the obligations under the...

EIR

It stands for equity investment risk; a type of risk that is associated with an Islamic financial institution's equity investments...

Equity Investment Risk

A type of risk that is associated with an Islamic financial institution's equity investments (investments in equity) such as stock...

Hadeeth Mawquf

Arabic (حديث موقوف) for a hadeeth (prophetic tradition) in which the prophet's expressions, actions, approval/ disapproval or generally a description...