1 Copyright 2019 Oracle andor its affiliates All

1 Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |

Accelerator Pack 14. 3. 0. 0. 0 Islamic Money Market 2 Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |

Contents • • • 3 Introduction Products Features APACK Product List Operations Reports and Advices Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |

Islamic Money Market Introduction § The Murabaha Money Market module of Oracle FLEXCUBE supports the processing of Borrowing and placement transactions. § The Murabaha Money Market is a market purely for short-term funds or financial assets called near money. § A Money Market Murabahah Transaction is a lending or a borrow contract for an underlying commodity. § The main objective of the Murabaha Money Market is to provide a parking place to employ short-term surplus funds and to provide a room for overcoming short-term deficits. 4 Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |

Products Features 5 Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |

Islamic Money Market- Product Features § The Oracle Flexcube supports the following Three types of Payment methods in Islamic Money Market : § Bearing Payment Method § Discounted Payment Method § True Discounted Payment Method 6 Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |

Product Features Bearing Payment Method § The Profit amount liquidation as per the Profit liquidation frequency. § The Profit calculation based on the principal amount , profit rate and other profit preferences. § Rollover is allowed with all the amount type Principal, Principal + Profit and Principal + (Profit– Tax). 7 Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |

Product Features Discounted Payment Method § The Profit amount will get liquidated upfront. Either the whole amount gets liquidated while booking the contract or on the schedule start date as per the profit frequency. § The Profit calculation based on the principal amount , profit rate and other profit preferences. § Rollover is allowed with all the amount type Principal, Principal + Profit and Principal + (Profit– Tax). 8 Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |

Product Features True Discounted Payment Method § The Profit amount will get liquidated upfront considering the present worth of the contract by reducing the upfront paid Profit. § Profit amount gets liquidated for the whole amount while booking the Contract or on the schedule start date as per the Profit frequency. § The Profit calculation based on the principal amount , profit rate and other profit preferences. § Rollover is allowed with all the amount type Principal, Principal + Profit and Principal + (Profit – Tax). 9 Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |

APACK Product List 10 Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |

APACK - Products § MCB 3 – Money Market Borrowing product § MCB 5 – Money Market Borrowing product § MCP 3 – Money Market Placement product § MCP 5 – Money Market Placement product 11 Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |

Operations 12 Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |

Operations Functional / Operations features § Booking of Contracts § Commodity racking § Auto liquidation § Manual liquidation § Rollover 13 Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |

VAMI- Value Dated Amendment Functional / Operations features § Reversal of Payment § Rate Revision for the contract § VAMI § Contract Reversal § Generation of Advices and Messages 14 Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |

Reports and Advices 15 Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |

Reports § Islamic MM Broker Confirmation Pending Journal § Event Details Report § Islamic Money market Forward Contracts Report § Maturity Report 16 Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |

Reports § Overdue Schedules Report § Rate Revision Report § Accrual Control Report § Islamic Money Market Counterparty Confirmation Pending Journal 17 Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |

Reports § Contract Retrieval Report § Islamic Money Market Profit calculation Report § Islamic Money Market Forward Changes report § Islamic Money Market Brokerage Details Report 18 Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |

Advices § MM_DEAL_SLIP – Deal Slip § PAYMENT_MESSAGE – Payment message § MMCONPLA – MM Placement confirmation § MM_CONT_ADV – Contract Advice 19 Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |

Advices § MMAMDADV – Amendment Advice § MM_ROLL_ADV – Rollover Advice § MMCONDEP – MM Borrowing Confirmation § MMBRKCON – Broker Confirmation 20 Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |

21 Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |

22 Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |