Institute of Islamic Banking and Insurance - Key Term

Glossary of Financial Terms - E

This glossary is not limited to Islamic terms and

contains Arabic and English terms that are also referred to

in the study of Islamic economics, banking and insurance.

A B C D E F G H I J K L M N O P Q R S T U W Z

Ekrar	Declaration, as in Takaful.
Equity	The value of property in an organisation greater than total debt held on it. Equity investments typically take the form of an owner's share in the business, and often, a share in the return, or profits. Equity investments carry greater risk than debt, but the potential for greater return should balance the risk.
Equity Participation	An ownership position in an organisation or project or venture taken through an investment. Returns on the investment are dependent on the profitability of the organisation or project.
Eshtirak	Contribution, as in Takaful.

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