RIBA
A concept in Islamic banking that refers to charged interest. It is prohibited under Sharia, Islamic religious law, because it is believed to be exploitive. Depending on the interpretation, riba may only refer to excessive interest; however to others, the whole concept of interest is riba, and thus is unlawful.
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Offering Circular
This permits investors to access information about a new issue. It gives them important highlights without them reading the long-form prospectus. W ...
Free On Board - FOB
A term that requires the seller to deliver goods on board a vessel designated by the buyer. The seller fulfills its obligations to deliver when the ...
Large Cap - Big Cap
Refers to companies who have at least $10 billion market capitalization value. This is an abbreviation of “large market capitalization” ...
Default Risk
The event in which companies or individuals will be unable to make the required payments on their debt obligations. Lenders and investors are expos ...
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