Annex (1)

Effective from Feb 24 2025 - Feb 15 2025
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Qualified Financial Contracts
1.	a currency, cross-currency or interest rate swap or profit rate swap.
2.	a basis swap.
3.	a spot, future, forward or other foreign exchange transaction.
4.	a cap, collar or floor transaction.
5.	a commodity swap.
6.	a forward rate agreement.
7.	a currency or interest rate future.
8.	a currency or interest rate option.
9.	an equity derivative, such as an equity or equity index swap, equity forward, equity option or equity index option.
10.	a derivative relating to bonds or other debt securities or to a bond or debt security index, such as a total return swap, index swap, forward, option or index option.
11.	a credit derivative, such as a credit default swap, credit default basket swap, total return swap or credit default option.
12.	an energy derivative, such as an electricity derivative, oil derivative, coal derivative or gas derivative, including a derivative on physical transmission rights, financial transmission rights or transmission capacity.
13.	a weather derivative, such as a weather swap or weather option.
14.	a bandwidth derivative.
15.	a freight derivative.
16.	an emissions derivative, such as an emissions allowance or emissions reduction transaction.
17.	an economic statistics derivative such as an inflation derivative.
18.	a property index derivative.
19.	a spot, future, forward or other securities or commodities transaction.
20.	a securities contract, including a margin loan and an agreement to buy, sell, borrow or lend securities, such as securities repurchase or reverse repurchase agreement, a securities lending agreement or a repurchase based on sale/ purchase of securities or a securities buy/sell-back agreement.
21.	an agreement to clear or settle securities transactions or to act as a depository for securities.
22.	a commodities contract, including an agreement to buy, sell, borrow or lend commodities, such as commodities repurchase or reverse repurchase agreement, a commodities lending agreement or a commodities buy/sell-back agreement.
23.	contracts and transactions of certificates of deposit.
24.	preferred stocks contracts and transactions.
25.	any other agreement, contract or transaction similar to any agreement, contract or transaction referred to in paragraphs (1) to (24) with respect to one or more reference items or indices relating to, without limitation, interest rates, currencies, commodities, energy products, electricity, equities, fund interest, weather, bonds and other debt instruments, sukuk, precious metals, quantitative measures associated with an occurrence, extent of an occurrence, or contingency associated with a financial, commercial or economic consequence, or economic or financial indices or measures of economic or financial risk or value.
26.	any swap, forward, option, contract for differences or other derivative in respect of, or combination of, one or more agreements or contracts referred to in paragraphs (1) to (25) of this Annex.
27.	any contract or transaction (including a murabaha, musawama or wa'ad) which individually or together with any other such contract or transaction has been or is entered into with a view to having an economic effect similar to any instrument, contract or transaction referred to in paragraphs (1) to (26) of this Annex in a manner intended to take account of Shari'a compliance requirements.