Understanding Islamic Finance - Doha Academy of Tertiary Studies

Acronyms 483MTBNBFCsNBFIsNDFIsNIBNIBAFNPLNSSODOICOMOsPADPbuhPLSPTCR&DRepoROESABSAMASCSDRSECSLRSMESPMSPVSSCSTSSWTTCTDRTDTTFCTMCLTRUDCsUWLUWSVRSWTOMalaysian treasury billsNon-bank financial companiesNon-bank financial institutionsNational development finance institutionsNon-interest based systemNational Institute of Banking and FinanceNonperforming loansNational savings schemesOverdraftOrganization of Islamic CountriesOpen market operationsPayment against documentsPeace be upon Him (used with the name of the holy Prophet of Islam)Profit/loss sharingParticipation term certificates (Musharakah-based investment certificates)Research and developmentRepurchase offerReturn on equityShariat Appellate Bench (of the Supreme Court of Pakistan) that gave an historicjudgement on Riba in 1999Saudi Arabian Monetary AgencySalam certificateSpecial drawing rightSecurities and Exchange CommissionStatutory liquidity reservesSmall and medium enterprisesSpecial purpose MudarabahSpecial purpose vehicleSharī´ah supervisory committeeSolidarity Trust Services (SPV to issue IDB’s trust certificates)Subhanahu wa Ta‘ala (the term that Muslims use with the name of Allah Almighty)Traveller’s chequeTerm deposit receiptsTrickle-down theory (in economic development and growth)Term finance certificatesTime multiple counter loanTrust receiptUnderdeveloped countriesUnderwriting loss (in Takaful/insurance)Underwriting surplus (in Takaful/insurance)Variable return securitiesWorld Trade Organization