Contents
1. Preface
1.1 Introduction
1.2 Audience
1.3 Documentation Accessibility
1.4 Organization
1.5 Related documents
1.6 Glossary of Icons
2. Islamic Financing - An Overview
2.1 Introduction
2.2 Interface with other Modules
3. Maintenances and Operations
3.1 Bank Parameters
3.1.1 Maintaining Bank Parameters
3.2 Consumer Lending Branch Parameters
3.2.1 Maintaining Branch Parameters
3.3 User Defined Element Rule
3.3.1 Defining UDE Rules
3.4 Head Office
3.4.1 Providing UDE Values
3.5 User Defined Elements Cascade
3.5.1 Applying the UDE Cascade Function
3.6 Holiday Period Maintenance
3.6.1 Maintaining Holiday Period
3.7 System Data Elements
3.7.1 Maintaining System Data Elements
3.8 Money Market Floating Rate Input
3.8.1 Maintaining Floating Profit Rates
3.9 Policy Maintenance
3.9.1 Maintaining User Defined Policies
3.10 Standard Policies
3.10.1 Maintaining Standard Policies
3.11 Asset Types
3.11.1 Maintaining Asset Types
3.12 Vehicle Maker Details
3.12.1 Maintaining Vehicle Maker Details
3.13 Credit Rating Category Maintenance
3.13.1 Creating Credit Rating Category
3.14 Credit Rating Rule Maintenance
3.14.1 Creating Credit Rating Rules
4. Defining Product Categories and Products
4.1 Product Category
4.1.1 Maintaining Product Categories
4.1.2 Product Rules Button
4.2 Product Maintenance
4.2.1 Setting up a product
4.2.2 User Data Elements Button
4.2.3 Preferences Button
4.2.4 Components Button
4.2.5 Role to Head Button
4.2.6 Account Status Button
4.2.7 Notice and Statements Button
4.2.8 Events Button
4.2.9 Credit Score Button
4.2.10 Minimum Amount Due Method Button
4.2.11 Branch/Currency Restriction Button
4.2.12 Customer Category Restriction Button
4.2.13 MIS Button
4.2.14 Fields Button
4.3 IRR Application on Finances
4.3.1 Processing of IRR Application on Finances
4.3.2 Recalculation of IRR with new effective date
4.4 Promotion Details
4.4.1 Maintaining Islamic Promotions
4.4.2 Preferences Tab
4.4.3 Components Tab
4.5 Computing Profit and Schedule for Islamic Banking
4.5.1 Computing Profit and Schedule using a flat rate
4.5.2 Computing Profit and Schedule using Reducing Balance with Fixed Principal
4.5.3 Computing Profit and Schedule using Reducing Rate with Fixed Instalment Amount
4.6 Product Creation
4.6.1 Creating a Default Product
4.6.2 Main Tab
4.6.3 Preferences Tab
4.6.4 Components Tab
4.6.5 Role to Head Tab
4.6.6 Account Status Tab
4.6.7 Notices & Statement Tab
4.6.8 Events Tab
4.6.9 Branch Currency Restriction Tab
4.6.10 Customer Category Restriction Tab
4.6.11 UDF Details Tab
5. Types of Islamic Finances
5.1 Finance Accounts
5.1.1 Murabaha Finance
5.1.2 Ijarah Finance
5.1.3 Istisnaa Finance
5.1.4 Mudarabah Finance
5.1.5 Musharaka Finance
5.1.6 Tawarooq Finance
5.2 Murabaha Account Input
5.2.1 Creating Murabaha Accounts
5.2.2 Main Tab
5.2.3 Charges Button
5.3 Ijarah Account Input
5.3.1 Creating Ijarah Accounts
5.3.2 Main Tab
5.3.3 Inventory Tracking Tab
5.3.4 Ijarah Tab
5.4 Istisnaa Account Input
5.4.1 Creating Istisnaa Accounts
5.4.2 Main Tab
5.4.3 Inventory Tracking Tab
5.5 Mudarabah Account Input
5.5.1 Creating Mudarabah Accounts
5.5.2 Main Tab
5.5.3 Inventory Tracking Tab
5.6 Musharaka Account Input
5.6.1 Creating Musharaka Accounts
5.6.2 Main Tab
5.6.3 Inventory Tracking Tab
5.7 Tawarooq Account Input
5.7.1 Creating Tawarooq Accounts
5.7.2 Main Tab
5.7.3 Inventory Tracking Tab
6. Account Creation
6.1 Multiple Asset
6.1.1 Creating Multiple Assets
6.2 Account Details/Light Finances
6.2.1 Creating Account Details/ Light Finances
6.2.2 Main Tab
6.2.3 Preferences Tab
6.2.4 Components Tab
6.2.5 Guarantor Details/ Other Accounts Button
6.2.6 Charges Tab
6.2.7 Linkage Tab
6.2.8 Rollover Tab
6.2.9 Events Button
6.2.10 Other Applicants Button
6.2.11 Payment Mode Button
6.2.12 Multiple Asset Button
6.2.13 Ijarah Button
6.2.14 Asset Button
6.2.15 Advices Button
6.2.16 Documents Button
6.2.17 SWIFT Message Details Button
6.2.18 Hamish Jiddayah Details Button
6.2.19 Vendor Payment Details Button
6.2.20 Takaful Details Button
6.2.21 Inventory Tracking Button
6.2.22 Advance Payment Button
6.2.23 Internal Rate of Return Details Button
6.2.24 GL Query Button
6.2.25 Installment Query Button
6.2.26 Statistics Button
6.2.27 Securitization Details Button
6.2.28 Promotions Button
6.2.29 Collaterals Button
6.2.30 Party Details Button
6.2.31 Block Details Button
6.2.32 Manual Disbursals Button
6.2.33 Multi Finance Button
6.2.34 MIS Button
6.2.35 Fields Button
6.2.36 Viewing Summary for CI Accounts
6.3 Ar Rahnu Account Details
6.3.1 Maintaining Ar-Rahnu Account Details
6.3.2 Rollover Tab
6.3.3 Viewing Ar-Rahnu Account Details
6.4 Event Checklist
6.4.1 Maintaining Event Checklist
6.5 Down Payment Details
6.5.1 Processing Down Payments
6.5.2 Details Button
6.5.3 Events Button
6.5.4 Viewing Down Payment Details
6.6 Hamish Jiddayah Cash Payment
6.6.1 Capturing Hamish Jiddayah Cash Payment
6.6.2 Denomination Button
6.6.3 Charge Button
6.6.4 MIS Button
6.6.5 UDF Button
6.6.6 Processing of Teller Transaction
6.7 Murabaha Cash Payment
6.7.1 Capturing Murabaha Payment by Cash
6.7.2 Denomination Button
6.7.3 Charge Button
6.7.4 MIS Button
6.7.5 UDF Button
6.7.6 Processing of Teller Transaction for Murabaha Payment by Cash
6.8 Inactive Account Details
6.8.1 Capturing Finance Details
6.9 Finance Simulation
6.9.1 Simulating a Finance
6.9.2 Ijarah Button
6.10 Sales Confirmation
6.10.1 Triggering Details of Sale Confirmation
7. Branch Transfer of Finance
7.1 Islamic Finance Transfer
7.1.1 Transferring Islamic Finance
7.2 Customer Portfolio Transfer
7.2.1 Transferring Customer Portfolio
7.3 Branch Merger
7.3.1 Merging of Branches
7.4 Product Lending Branch Transfer
7.4.1 Transferring Product Finance
7.5 Islamic Financing Transfer Log Summary
7.5.1 Viewing Branch Transfer Details
8. Making Manual Disbursements
8.1 Manual Disbursement
8.1.1 Disbursing a finance through the ‘Manual’ mode
8.1.2 SWIFT Message Details Button
8.1.3 Advices Button
8.1.4 Fields Button
8.1.5 Check List Button
9. Operations
9.1 Finance Payments
9.1.1 Financing Payments
9.1.2 Payment Details Tab
9.1.3 Compensation Rates Tab
9.1.4 Linkage Details Tab
9.1.5 Events Button
9.1.6 Fields Tab
9.1.7 Check List Button
9.1.8 Documents Button
9.1.9 Partial Payment
9.1.10 Authorizing CI Payments
9.2 Payments Simulation
9.2.1 Simulating Finance Payment
9.3 Asset Closure
9.3.1 Invoking CI Asset Closure Screen
9.4 Finance Amendments
9.4.1 Amending Finance Details
9.4.2 Main Tab
9.4.3 Preferences Tab
9.4.4 Components Tab
9.4.5 Charges Tab
9.4.6 Linkage Details Tab
9.5 VAMI Simulation
9.5.1 Simulating VAMI
9.6 Version History View and Reversal
9.6.1 Viewing Account History Details
9.7 Inactive Rollover Input
9.7.1 Funding Status Details
9.8 Manual Status Change
9.8.1 Changing Status Manually
9.9 Rollover Operations
9.9.1 Maintaining Rollover Preferences
9.9.2 Account Details Tab
9.9.3 Linkage Details Tab
9.10 Account Renegotiation
9.10.1 Renegotiating Account
9.10.2 Linkages Tab
9.11 Account Reassign
9.11.1 Reassigning Account
9.11.2 Linkages Tab
9.12 Adhoc Charge Application
9.12.1 Applying Adhoc Charges
9.13 Liquidation Suspension
9.13.1 Suspending Liquidation Process
9.14 Collateral Take Over Processing
9.14.1 Processing Asset Take Over
9.15 Partial Write Off
9.15.1 Partial Write Off
9.16 Collateral Takeover Processing Summary
9.16.1 Viewing Asset Take Over Processing Details
9.17 Islamic Asset Rescheduling
9.17.1 Invoking Islamic Asset Rescheduling Screen
9.17.2 Main Tab
9.17.3 Components Tab
9.17.4 Charges Tab
9.17.5 Advices Tab
9.17.6 Fields Tab
9.17.7 Internal Rate of Return Details Button
9.17.8 Events Button
9.17.9 Statistics Button
9.17.10 Processing of Rescheduling
9.17.11 Viewing Islamic Asset Rescheduling Details
9.18 Deferment of Schedules
9.18.1 Capturing Deferment of Murabaha Payment Schedules
9.18.2 Main Tab
9.18.3 Components Tab
9.18.4 Charges Tab
9.18.5 Advices Tab
9.18.6 Fields Tab
9.18.7 Internal Rate of Return Details Button
9.18.8 Events Button
9.18.9 Statistics Button
9.18.10 Processing Murabaha Deferment Schedules
9.18.11 Viewing Deferment Details
9.19 Manual Provisioning of Loan Accounts
9.20 Viewing Manual Provisioning Details
9.21 Takaful Amendment
9.21.1 Takaful Product Setup
9.21.2 Invoking Takaful Amendment Details
9.21.3 Processing Takaful Component
9.21.4 Viewing Takaful Amendment Details
10. Batch Processes
10.1 Batch Processes for Islamic Financing
10.1.1 Configuring the Batch Processes for Islamic Financing
10.1.2 Defining Batch Processes
10.2 CL Batch
10.2.1 Initiating the Batch Process
10.2.2 Status Change Batch Processing (CSDSTBTC)
10.2.3 Profit Posting (INTP Event)
10.2.4 Intra Day Accruals
10.2.5 Insurance Renewal Batch
10.3 CL User Defined Events Triggering
10.3.1 Triggering User Defined Events
10.3.2 MIS Button
10.3.3 Charge Button
10.3.4 Events Button
10.3.5 Event Fields Button
11. Defining Islamic Product Categories and Products
11.1 Mudaraba Product Category
11.1.1 Creating a Mudaraba Product Category
11.2 Product Maintenance
11.2.1 Setting up a Mudaraba Product
11.2.2 Preferences Tab
11.2.3 Component Tab
11.2.4 Setting up Accounting Entries
11.3 Account Details
11.3.1 Creating a Mudaraba Account
11.3.2 Payments Details Tab
11.3.3 Defining UDE for Supplier Grace Period and Customer Grace Period
11.3.4 Maintaining SDE for Staff Financing
11.4 Creating a Murabaha Account
11.4.1 Advance Payment Button
11.4.2 Main Tab
11.4.3 Capturing Staff Financing Details
11.4.4 Maintaining Account Class
11.4.5 Setting up Accounting Entries
11.5 Musharaka/Istisnaa Product Category
11.5.1 Creating a Musharaka/Istisnaa Product Category
11.5.2 Setting up a Musharaka/Istisnaa Product
11.6 Wakala Product Category
11.6.1 Creating a Wakala Product Category
11.6.2 Setting up a Wakala Product
11.6.3 Preferences Tab
11.6.4 Component Tab
11.6.5 Setting up Accounting Entries and Accounting Roles
11.6.6 Creating a Wakala Account
11.7 Tawarooq Product
11.7.1 Creating a Tawarooq Product
11.7.2 Components Tab
11.7.3 Setting up Accounting Entries
11.7.4 Processing Tawarooq Accounts
12. Processing Vendor Payments
12.1 Vendor Maintenance
12.1.1 Maintaining Vendor Account Details
12.2 Vendor Payment Details
12.2.1 Maintaining Vendor Payment Details
12.2.2 Payment By Contract Tab
12.2.3 Payment by Vendor Tab
12.2.4 Advices Button
12.2.5 Events Button
12.2.6 Vendor Credit Advice
12.2.7 Viewing Vendor Payment Details
13. Islamic Financing Reports
13.1 Maturity Date Report
13.1.1 Generating Maturity Date Report
13.1.2 Contents of the report
13.2 Future Payment Report
13.2.1 Generating Future Payment Report
13.2.2 Contents of the report
13.3 Islamic Financing Enhancement Report
13.3.1 Generating Islamic Financing Enhancement Report
13.3.2 Contents of the report
13.4 Islamic Financing Disbursement Report
13.4.1 Generating Islamic Financing Disbursement Report
13.4.2 Contents of the report
13.5 Daily Repayments Report
13.5.1 Generating Daily Repayments Report
13.5.2 Contents of the report
13.6 Committed Limits Report
13.6.1 Generating Committed Limits Report
13.6.2 Contents of the report
13.7 Contract Reversal Report
13.7.1 Generating Contract Reversal Report
13.7.2 Contents of the report
13.8 Insurance Report
13.8.1 Generating Insurance Report
13.8.2 Contents of the report
13.9 Payoff Report
13.9.1 Generating Payoff Report
13.9.2 Contents of the report
13.10 Islamic Financing Detailed MIS Report
13.10.1 Generating Islamic Financing Detailed MIS Report
13.10.2 Contents of the report
13.11 Partial Pay-off Report
13.11.1 Generating Partial Pay-off Report
13.11.2 Contents of the report
13.12 Guarantor Liabilities/ Contracts Facilitated by a Guarantor Report
13.12.1 Generating Islamic Financing Guarantors Liabilities
13.12.2 Contents of the report
13.13 Daily Early Pre-payments (Maturity) Report
13.13.1 Generating Daily Early Pre-payments (Maturity) Report
13.13.2 Contents of the report
13.14 Account Payoff Calculator Report
13.14.1 Generating Account Payoff Calculator Report
13.14.2 Contents of the report
13.15 Maturity Report
13.15.1 Generating Maturity Report
13.15.2 Contents of the report
13.16 Line Payoff Calculator Report
13.16.1 Generating Line Payoff Calculator Report
13.16.2 Contents of the report
13.17 Amortization Schedule Report
13.17.1 Generating Amortization Schedule Report
13.17.2 Contents of the report
13.18 Contract Retrieval Report
13.18.1 Generating Contract Retrieval Report
13.18.2 Contents of the report
13.19 Overdue Schedules Report
13.19.1 Generating Overdue Schedules Report
13.19.2 Contents of the report
13.20 Adverse Status Report
13.20.1 Generating Adverse Status Report
13.20.2 Contents of the report
13.21 Event Report
13.21.1 Generating Even Report
13.21.2 Contents of the Report
13.22 Forward Amendments Report
13.22.1 Generating Forward Amendments Report
13.22.2 Contents of the report
13.23 Linked Contracts Utilization Report
13.23.1 Generating Linked Contracts Utilization Report
13.23.2 Contents of the report
13.24 Periodic Rate Revision Report
13.24.1 Generating Periodic Rate Revision Report
13.24.2 Contents of the report
13.25 Financing History Report
13.25.1 Generating Financing History Report
13.25.2 Contents of the report
13.26 Automatic Finance Payment Exception Report
13.26.1 Generating Automatic Finance Payment Exception Report
13.26.2 Contents of the report
13.27 Advice of Delinquent Notes Report
13.27.1 Generating Advice of Delinquent Notes Report
13.27.2 Contents of the report
13.28 Ledger Balance Verification Report
13.28.1 Generating Ledger Balance Verification Report
13.28.2 Contents of the report
13.29 New Finance Contracts Report
13.29.1 Generating New Finance Contracts Report
13.29.2 Contents of the report
13.30 Finance Rollover Monitoring Report
13.30.1 Generating Finance Rollover Monitoring Report
13.30.2 Contents of the report
13.31 Finance Rollover Notice Report
13.31.1 Generating Finance Rollover Notice Report
13.31.2 Contents of the report
13.32 Forward Contracts Report
13.32.1 Generating Forward Contracts Report
13.32.2 Contents of the report
13.33 Profit Calculation Analysis Report
13.33.1 Generating Profit Calculation Analysis Report
13.33.2 Contents of the report
13.34 Finance Register/Trial Balance Report
13.34.1 Generating Financing Register/Trial Balance Report
13.34.2 Contents of the report
13.35 Repayment Reversal Report
13.35.1 Generating Repayment Reversal Report
13.35.2 Contents of the report
13.36 Accrual Control List
13.36.1 Generating Accrual Control List
13.36.2 Contents of the Report
13.37 Taken Over Assets Reports
13.37.1 Generating Taken Over Assets Reports
13.37.2 Contents of the Report
13.38 Finances with Islamic Savings Report
13.38.1 Generating Finances with Islamic Savings Report
13.38.2 Contents of the Report
13.39 Financing Branch Transfer Report
13.39.1 Generating Financing Branch Transfer Report
13.39.2 Contents of the Report
13.40 Istisna Disbursement Report
13.40.1 Generating Istisna Disbursement Report
13.40.2 Contents of the Report
13.41 Ad-Hoc Combined Statement Report
13.41.1 Generating Ad-hoc Combined Statement Report
13.41.2 Charge Details
13.42 Combined Statement Report
13.42.1 Generating Combined Statement Report
13.42.2 Contents of the Report
14. Annexure A – Accounting Entries and Advices
14.1 Events
14.2 Accounting Roles
14.3 Event-wise Advices
14.3.1 BOOK
14.3.2 INIT
14.3.3 UIDB
14.3.4 DSBR
14.3.5 ACCR
14.3.6 ADCH
14.3.7 ALI and MLIQ
14.3.8 STCH
14.3.9 VAMB and VAMI
14.3.10 ROLL
14.3.11 SROL – Special Roll-over
14.3.12 RNOG – Re-negotiation
14.3.13 NOVA – Novation
14.3.14 REVC – Finance Reversal
14.3.15 REVP - Payment Reversal
14.3.16 REVN – Periodic Rate Revision
14.3.17 ARVN – Automatic Rate Revision
14.3.18 UDCH – User Defined Element Value Changes
14.3.19 YACR – Yield to Maturity Discount Accrual
14.3.20 CLIQ – Charge Liquidation
14.3.21 PACR – Principal Accrual
14.3.22 INSR – Insurance Renewal
14.3.23 TRFR Event
14.3.24 TADJ Event
14.3.25 AUTH Event
15. Retrieving Information in Oracle FLEXCUBE
15.1 Report Options
15.1.1 Specifying the Output of a Report
15.1.2 Contents of the report
15.2 Accrual Control List Report
15.2.1 Generating Accrual Control List Report
15.2.2 Selection Options
15.2.3 Contents of the Report
15.3 Accrual Control List Summary Report
15.3.1 Generating Accrual Control List Summary Report
15.3.2 Contents of the Report
15.4 Adverse Status Report
15.4.1 Generating Adverse Status Report
15.4.2 Selection Options
15.4.3 Contents of the Report
15.5 Adverse Status Summary Report
15.5.1 Generating Adverse Status Summary Report
15.5.2 Contents of the Report
15.6 Amortization Report
15.6.1 Generating Amortization Report
15.6.2 Selection Options
15.6.3 Contents of the Report
15.7 Contract Retrieval Report
15.7.1 Generating Contract Retrieval Report
15.7.2 Selection Options
15.7.3 Contents of the Report
15.8 Event Report
15.8.1 Generating Event Report
15.8.2 Selection Options
15.8.3 Contents of the Report
15.9 Forward Contract Report
15.9.1 Generating Forward Contract Report
15.9.2 Selection Options
15.9.3 Contents of the Report
15.10 Forward Amendments Details Changes Report
15.10.1 Generating Forward Amendments Details Changes Report
15.10.2 Selection Options
15.10.3 Contents of the Report
15.11 Profit Calculation Analysis Report
15.11.1 Generating Profit Calculation Analysis Report
15.11.2 Selection Options
15.11.3 Contents of the Report
15.12 Linked Contracts Utilization Report
15.12.1 Generating Linked Contracts Utilization Report
15.12.2 Selection Options
15.12.3 Contents of the Report
15.13 Maturity Report
15.13.1 Generating Maturity Report
15.13.2 Selection Options
15.13.3 Contents of the Report
15.13.4 Body of the Report
15.14 Overdue Schedules Details
15.14.1 Generating Overdue Schedules Details Report
15.14.2 Selection Options
15.14.3 Contents of the Report
15.15 Periodic Rate Revision
15.15.1 Generating Periodic Rate Revision Report
15.15.2 Selection Options
15.15.3 Contents of the Report
16. Function ID Glossary