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Promotional Gift

A form of gift (hadiyyah) that is given by an Islamic financial institution (IFI) to certain customers as a means...

    Promotional Prize

    A type of prize (jaizah) that an Islamic financial institution (IFI) awards to its customers, including quasi-equity (QE) holders (e.g.,...

      Contingency Endowment

      A type of waqf (endowment) in which the yield (ghallah) is held in reserve so that it can be used...

        Contingency Waqf

        A type of waqf (endowment) in which the yield (ghallah) is held in reserve so that it can be used...

          Participatory Investment Instrument

          An instrument (or an account) that is held by an investor/ investment accountholder (e.g., depositor of funds) under a profit...

            Syndicated Murabaha Financing Facility

            A murabaha-based financing facility whereby funds for the purchase of the asset (commodities, durable assets, etc.) are provided by a…

              Sukuk Issuer

              A market player/ participant that ultimately issues sukuk to the market, usually on behalf of an originator. An Islamic financial...

                Sukuk Principal Issuer

                A market player (such as an Islamic financial institution, IFI, or any other specialized entity) that creates the underlying asset...

                  Musharaka Mutanaqisa

                  A type of musharaka (partnership) that is established on the agreement that one partner will undertake to buy out the…

                    Long-Term Lease

                    An ijarah in which an asset is leased for a long period of time in a way that ujrah (compensation)…