The Shariah Dynamics of Total Return Swap

A credit derivative is a privately negotiated contract, the value of which is derived from the credit risk of a bond, a bank loan, or some other credit instrument. Market participants can use credit derivatives to separate default risk from other forms of risk, such as currency risk or interest rate risk. The value of […]

Solving the Dynamics
of Shariah in ETFs & ETNs

At their core ETFs are hybrid investment products, with many of the investment features of mutual funds married to the trading features of common stocks. Like a mutual fund, an investor buys shares in an ETF to own a proportional interest in the pooled assets. Like mutual funds, ETFs are generally managed by an investment […]