1 Introduction

It is important to note that before you begin any operations in the Islamic Derivatives module you have to maintain certain basic information which is necessary for the successful functioning of the module. The information that you need to maintain includes
  • Defining derivative types
  • Bank and Branch parameter details
  • Revaluation details
  • Messaging party details
  • Counterparty details
  • Limits Processing

Although you maintain this information at the outset before beginning any transactions in this module, it is imperative that you periodically review and update this information to reflect the latest changes.

The procedure to maintain these details is documented in the following sections: