AAOIFI
An organization that was established to maintain and promote the Shariah standards for l;l the Islamic financial institutions, participants and for the overall industry. Created last February 26, 1990 by the Accounting and Auditing Organization for Islamic Financial Institution, the organization wants to ensure that participants will conform to the regulations set for the Islamic finance. Areas such as governance, accounting, ethics, investments and transactions are the acceptable standard for various functions that was agreed by the founding and associate members of the AAOIFI.
POPULAR TERMS
Hybrid Security
It refers to a single financial security that combines two or more different financial instruments.
Short-Interest Theory
The Short-Interest Theory is the theory that states that a security that has a high degree of short interest may have a price increase. The m ...
Sunk Cost
Money that has been already been spent and cannot be recovered. These are previous opportunity costs that are partly or totally irrevocable, and mu ...
Elder-Ray Index
Technical indicator gauging the amount of buying and selling pressure in the market. It comprises of two different indicators called bull power and ...
Poop And Scoop
An illegal practice that occurs on primarily on the internet. A small group of informed people trying to push down a stock by spreading rumors or f ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Ethical Investing: Corporate Governance
It is important for ethical investors to determine how companies manage themselves and their relations with investors and stakeholders.
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Introduction to Banking
Banking is an integral part of any financial system. In order to keep your money safe and start building wealth, you need a place where your funds ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
Digesting Financial Statements: Introduction
Financial statements open a window how healthy a company is (in terms of finances). This document presents the financial activities of a person or ...
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
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