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 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 Policy Maintenance
3.8.1 Maintaining User Defined Policies
3.9 Standard Policies
3.9.1 Maintaining Standard Policies
3.10 Asset Types
3.10.1 Maintaining Asset Types
3.11 Vehicle Maintenance Details
3.11.1 Maintaining Vehicle Maintenance Details
3.12 Credit Rating Category Maintenance
3.12.1 Creating Credit Rating Category
3.13 Credit Rating Rule Maintenance
3.13.1 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. Defining Islamic Product Categories and Products
5.1 Mudaraba Product Category
5.1.1 Creating a Mudaraba Product Category
5.2 Product Maintenance
5.2.1 Setting up a Mudaraba Product
5.2.2 Preferences Tab
5.2.3 Fields Button
5.2.4 Component Tab
5.2.5 Setting up Accounting Entries
5.3 Account Details
5.3.1 Creating a Mudaraba Account
5.3.2 Payments Details Tab
5.3.3 Defining UDE for Supplier Grace Period and Customer Grace Period
5.3.4 Maintaining SDE for Staff Financing
5.4 Creating a Murabaha Account
5.4.1 Advance Payment Button
5.4.2 Main Tab
5.4.3 Capturing Staff Financing Details
5.4.4 Maintaining Account Class
5.4.5 Setting up Accounting Entries
5.5 Musharaka/Istisnaa Product Category
5.5.1 Creating a Musharaka/Istisnaa Product Category
5.5.2 Setting up a Musharaka/Istisnaa Product
5.6 Wakala Product Category
5.6.1 Creating a Wakala Product Category
5.6.2 Setting up a Wakala Product
5.6.3 Preferences Tab
5.6.4 Component Tab
5.6.5 Setting up Accounting Entries and Accounting Roles
5.6.6 Creating a Wakala Account
5.7 Tawarooq Product
5.7.1 Creating a Tawarooq Product
5.7.2 Components Tab
5.7.3 Setting up Accounting Entries
5.7.4 Processing Tawarooq Accounts
6. Types of Islamic Finances
6.1 Murabaha Account Input
6.1.1 Creating Murabaha Accounts
6.1.2 Main Tab
6.1.3 Charges Button
6.2 Ijarah Account Input
6.2.1 Creating Ijarah Accounts
6.2.2 Main Tab
6.2.3 Inventory Tracking Tab
6.2.4 Ijarah Tab
6.3 Istisnaa Account Input
6.3.1 Creating Istisnaa Accounts
6.3.2 Main Tab
6.3.3 Inventory Tracking Tab
6.4 Mudarabah Account Input
6.4.1 Creating Mudarabah Accounts
6.4.2 Main Tab
6.4.3 Inventory Tracking Tab
6.5 Musharaka Account Input
6.5.1 Creating Musharaka Accounts
6.5.2 Main Tab
6.5.3 Inventory Tracking Tab
6.6 Tawarooq Account Input
6.6.1 Creating Tawarooq Accounts
6.6.2 Main Tab
6.6.3 Inventory Tracking Tab
7. Account Creation
7.1 Account Details/Light Finances
7.1.1 Creating Account Details/ Light Finances
7.1.2 Main Tab
7.1.3 Preferences Tab
7.1.4 Components Tab
7.1.5 Guarantor Details/ Other Accounts Button
7.1.6 Charges Tab
7.1.7 Linkage Tab
7.1.8 Rollover Tab
7.1.9 Events Button
7.1.10 Other Applicants Button
7.1.11 Payment Mode Button
7.1.12 Multiple Asset Button
7.1.13 Ijarah Button
7.1.14 Asset Button
7.1.15 Advices Button
7.1.16 Documents Button
7.1.17 SWIFT Message Details Button
7.1.18 Down Payment Details Button
7.1.19 Vendor Payment Details Button
7.1.20 Takaful Details Button
7.1.21 Inventory Tracking Button
7.1.22 Advance Payment Button
7.1.23 Internal Rate of Return Details Button
7.1.24 GL Query Button
7.1.25 Installment Query Button
7.1.26 Statistics Button
7.1.27 Securitization Details Button
7.1.28 Promotions Button
7.1.29 Collaterals Button
7.1.30 Party Details Button
7.1.31 Block Details Button
7.1.32 Manual Disbursals Button
7.1.33 Multi Finance Button
7.1.34 MIS Button
7.1.35 Fields Button
7.1.36 Events Button
7.1.37 Viewing Summary for CL Accounts
7.2 Ar Rahnu Account Details
7.2.1 Maintaining Ar-Rahnu Account Details
7.2.2 Rollover Tab
7.2.3 Viewing Ar-Rahnu Account Details
7.3 Event Checklist
7.3.1 Maintaining Event Checklist
7.4 Down Payment Details
7.4.1 Processing Down Payments
7.4.2 Down Payment History Button
7.4.3 Events Button
7.4.4 Viewing Down Payment Details
7.5 Down Payment in Cash
7.5.1 Capturing details of Down Payment in Cash
7.5.2 Denomination Button
7.5.3 Charge Button
7.5.4 MIS Button
7.5.5 UDF Button
7.5.6 Down Payment History Button
7.5.7 Processing of Teller Transaction
7.6 Murabaha Cash Payment
7.6.1 Capturing Murabaha Payment by Cash
7.6.2 Denomination Button
7.6.3 Charge Button
7.6.4 MIS Button
7.6.5 UDF Button
7.6.6 Processing of Teller Transaction for Murabaha Payment by Cash
7.7 Inactive Account Details
7.7.1 Capturing Finance Details
7.8 Finance Simulation
7.8.1 Simulating a Finance
7.8.2 Installment Query Button
7.8.3 Ijarah Button
7.9 Sales Confirmation
7.9.1 Triggering Details of Sale Confirmation
8. Branch Transfer of Finance
8.1 Islamic Finance Transfer
8.1.1 Transferring Islamic Finance
8.2 Customer Portfolio Transfer
8.2.1 Transferring Customer Portfolio
8.3 Branch Merger
8.3.1 Merging of Branches
8.4 Product Lending Branch Transfer
8.4.1 Transferring Product Finance
8.5 Islamic Financing Transfer Log Summary
8.5.1 Viewing Branch Transfer Details
9. Making Manual Disbursements
9.1 Manual Disbursement
9.1.1 Disbursing a finance through the ‘Manual’ mode
9.1.2 SWIFT Message Details Button
9.1.3 Advices Button
9.1.4 Fields Button
9.1.5 Check List Button
10. Operations
10.1 Finance Payments
10.1.1 Financing Payments
10.1.2 Payment Details Tab
10.1.3 Compensation Rates Tab
10.1.4 Linkage Details Tab
10.1.5 Events Button
10.1.6 Fields Tab
10.1.7 Check List Button
10.1.8 Documents Button
10.1.9 Partial Payment
10.1.10 Authorizing CI Payments
10.2 Payments Simulation
10.2.1 Simulating Finance Payment
10.3 Asset Closure
10.3.1 Invoking CI Asset Closure Screen
10.4 Finance Amendments
10.4.1 Amending Finance Details
10.4.2 Main Tab
10.4.3 Preferences Tab
10.4.4 Components Tab
10.4.5 Charges Tab
10.4.6 Linkage Details Tab
10.5 VAMI Simulation
10.5.1 Simulating VAMI
10.6 Version History View and Reversal
10.6.1 Viewing Account History Details
10.7 Inactive Rollover Input
10.7.1 Funding Status Details
10.8 Manual Status Change
10.8.1 Changing Status Manually
10.9 Rollover Operations
10.9.1 Maintaining Rollover Preferences
10.9.2 Account Details Tab
10.9.3 Linkage Details Tab
10.10 Account Renegotiation
10.10.1 Renegotiating Account
10.10.2 Linkages Tab
10.11 Account Reassign
10.11.1 Reassigning Account
10.11.2 Linkages Tab
10.12 Adhoc Charge Application
10.12.1 Applying Adhoc Charges
10.13 Liquidation Suspension
10.13.1 Suspending Liquidation Process
10.14 Collateral Take Over Processing
10.14.1 Processing Asset Take Over
10.15 Partial Write Off
10.15.1 Partial Write Off
10.16 Collateral Takeover Processing Summary
10.16.1 Viewing Asset Take Over Processing Details
10.17 Islamic Asset Rescheduling
10.17.1 Invoking Islamic Asset Rescheduling Screen
10.17.2 Main Tab
10.17.3 Components Tab
10.17.4 Charges Tab
10.17.5 Advices Tab
10.17.6 Fields Tab
10.17.7 Account Details Button
10.17.8 Instalments Button
10.17.9 Internal Rate of Return Details Button
10.17.10 Events Button
10.17.11 Statistics Button
10.17.12 Processing of Rescheduling
10.17.13 Viewing Islamic Asset Rescheduling Details
10.18 Deferment of Schedules
10.18.1 Capturing Deferment of Murabaha Payment Schedules
10.18.2 Main Tab
10.18.3 Components Tab
10.18.4 Charges Tab
10.18.5 Advices Tab
10.18.6 Fields Tab
10.18.7 Internal Rate of Return Details Button
10.18.8 Events Button
10.18.9 Statistics Button
10.18.10 Processing Murabaha Deferment Schedules
10.18.11 Viewing Deferment Details
10.19 Manual Provisioning of Loan Accounts
10.20 Viewing Manual Provisioning Details
10.21 Takaful Amendment
10.21.1 Takaful Product Setup
10.21.2 Invoking Takaful Amendment Details
10.21.3 Processing Takaful Component
10.21.4 Viewing Takaful Amendment Details
10.22 Rental Advice Regeneration
11. Batch Processes
11.1 Batch Processes for Islamic Financing
11.1.1 Configuring the Batch Processes for Islamic Financing
11.1.2 Defining Batch Processes
11.2 CL Batch
11.2.1 Initiating the Batch Process
11.2.2 Status Change Batch Processing (CSDSTBTC)
11.2.3 Profit Posting (INTP Event)
11.2.4 Intra Day Accruals
11.2.5 Insurance Renewal Batch
11.3 CL User Defined Events Triggering
11.3.1 Triggering User Defined Events
11.3.2 MIS Button
11.3.3 Charge Button
11.3.4 Events Button
11.3.5 Event Fields Button
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 ALIQ 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