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Investment Account Holder

An individual/ entity that has deposited funds with an Islamic bank (IFI), via Shari'ah-compliant profit-sharing investment accounts that provide an...

IAH

It stands for investment account holder; the individual/ entity that has deposited funds with an Islamic bank (IFI), via Shari'ah-compliant...

Withdrawal Risk

A type of risk that an Islamic financial institution (IFI) faces in consequence of another type of risk known as...

Perpetual Tier 1 Mudaraba Sukuk

A sukuk issue (mudaraba sukuk) that has mudaraba (contract, arrangement, etc.) as underlying and does not mature and hence sukuk...

Perpetual Mudaraba Sukuk

A sukuk issue (mudaraba sukuk) that has mudaraba (contract, arrangement, etc.) as underlying and does not mature and hence sukuk...

Owners’ Equity

A financial item that reflects the residual interest in the assets of the institution (e.g., an Islamic bank) after deducting...

ICM Instrument

A investment instrument that is based on profit and loss sharing, asset-backed transactions, and risk-sharing contracts, and certain types include...

Islamic Capital Market Instrument

A investment instrument that is based on profit and loss sharing, asset-backed transactions, and risk-sharing contracts, and certain types include...

Islamic Capital Instrument

A contract or contractual agreement that gives rise to a financial asset (cash, an equity instrument issued by another entity,...

Substance and Form

In accounting, substance of a transaction/ event implies its actual and original nature and economic reality, while form (legal form)...