Repurchase Agreement

Repurchase Agreements (REPOs) are not a typical instrument but rather a widely used transaction in the money markets. Generally, REPOs represent bilateral transactions encompassing the purchase and resale of securities by agreement; arranged by selling
securities to an investor with an agreement to purchase them back from the investor at a fixed price on a fixed date. For further details see: ISRA, Islamic Financial System; Principles and Operations.

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