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Principal Instrument

An instrument (financial instrument) whose performance does not derive from value changes/ price movement of another instrument or an underlying...

    Non-Derivative Instrument

    An instrument (financial instrument) whose performance does not derive from value changes/ price movement of another instrument or an underlying...

      Al-Uqud al-Asliyyah

      Arabic (العقود الأصلية) for principal contracts. Under shari'ah (Islamic law), principal contracts are contracts (uqud/ pl. of aqd) which exist...