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Round Lot

A unit pack (lot) of shares the size of which varies according to the price of a share. It is...

Enjoyment Shares

A type of shares that entitle the holders to participate in the net profit of the issuing company or business,...

Qualifying Share

A share of common stock that is required to be held by a candidate for a board of directors (BOD)...

XC

A symbol for ex scrip or ex capitalization. It refers to shares bought in a private company that do not...

Share Warrant

A type of warrants whereby a company grants an investor (warrantholder) a contractual right (without the obligation) to subscribe to...

Bearer Share

A share whose ownership is not registered in a name. As a bearer security, a bearer share is negotiable- that...

Free Trading Shares

Shares of stock that the holder could trade on an exchange without restrictions. In other words, free-trading shares are shares...

Share Option

A contract that confers on the holder the right, but not the obligation, to subscribe to the shares of an...

Shari’ah Screening of Shares

In principle, shari'ah permits investment and trading in equities (shares of stock). However, shari'ah excludes the shares of companies that...

Bonus Share

A share that is issued by a company, free of charge, to its existing stockholders on a prorata basis. This...