Purchase Method
An accounting method by which the asset values of one of two previously existing companies that have decided to merge are added to the assets of the other company, thereby dissolving the identity of the acquired company into that of the acquiring company.
Buy Order
A buy order is a procedure in which an investor or trader expresses their desire to purchase a security listed on the market, such as stocks, sukuk, or investment funds, for a specified cash value. The buy order is submitted through a trading platform or a financial intermediary and includes details such as the type […]
Listing Request
Means any request submitted to the market for the listing of securities of any type.
Guarantee
For the purposes of the Client Money Rules and the Client Assets Rules, “collateral” means money or an asset the full value of which has been paid by the client and which is held by the capital market institution.
Capital Gains Tax
A tax due on profits realized by individuals from the sale of certain assets.
Compliance and Enforcement Officer
In every financial institution, someone is appointed to assume this responsibility, and the International Compliance and Enforcement Association has set the requirements that must be met by the Compliance and Enforcement Officer.
Open-End Unit Investment Funds
A system in which money is pooled from investors and the pooled funds are invested together on their behalf in an open-ended fund.
Debt Instrument Funds
These are funds that invest in debt instruments such as sukuk and bonds issued by companies, government entities, semi-government entities, or any other entity authorized to issue any type of debt instrument.
Closed-End Investment Fund
Units of closed-end investment funds are traded on the stock market, similar to shares. The invested value can only be recovered by selling these units to another buyer, as their total number of units remains fixed.
Open-end investment fund
An investment fund whose units increase and decrease, and in which the investor may redeem their investment at any time in accordance with the fund’s policy.