What Is Unit Value?

Participation Finance Concepts 12.03.2021, 14:06
129
What Is Unit Value?

Unit Value: The coefficient accepted as 100 for the first day when the participation bank accepts funds to participation accounts, but changes in the case of profit or loss; calculated by dividing the total value of each fund divided by maturity by the total account value of the fund on the previous day, on the days when profit or loss is recorded; equal to the unit value of the previous day on days where profit or loss is not recorded. It is a weight that reflects the profit and loss changes of pools, increasing with profit and decreasing with loss.

Comments (0)
In order to comment, please login
banner2
Daily Survey All
Evaluate the 33h Issue of Katılım Finans!
Evaluate the 33h Issue of Katılım Finans!
banner4