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Accelerator Pack 14. 2. 0. 0. 0 Islamic Integrated Liquidity Management 2 Copyright ©

Accelerator Pack – Islamic Integrated liquidity management Contents • Introduction • Products • ILM

Accelerator Pack – Islamic Integrated liquidity management Introduction This document describes the sample ILM

Accelerator Pack – Islamic Integrated liquidity management Product 1 – ILM with header benefit

Accelerator Pack – Islamic Integrated liquidity management Product 2 – ILM with pool and

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Accelerator Pack – Islamic Integrated liquidity management Contents • Introduction • Products • ILM with header benefit • ILM with pool and normal benefit 3 Copyright © 2019, Oracle and/or its affiliates. All rights reserved.

Accelerator Pack – Islamic Integrated liquidity management Introduction This document describes the sample ILM products that are offered off-the-shelf § Islamic ILM module of FLEXCUBE supports processing of products like, – Pooling accounts – Sweep accounts 4 Copyright © 2019, Oracle and/or its affiliates. All rights reserved.

Accelerator Pack – Islamic Integrated liquidity management Product 1 – ILM with header benefit § This offering has all basic features that are needed for a corporate customer to open an account which could participate in the account structure. Moreover, it contributes its balance maintained in each account to a FUND in order to get the profit. § Features of Account class – IILMHA – Booking of deposit with pooling facility – The account will get the credit or debit interest as per the amount it contributed to its parent 5 Copyright © 2019, Oracle and/or its affiliates. All rights reserved.

Accelerator Pack – Islamic Integrated liquidity management Product 1 – ILM with header benefit Account class parameters Limit check Yes Overdraft Yes Track receivable Yes Account statistics Yes Exclude Same Day Reversal Transactions from Statement Yes Back period entry allowed Yes Profit charges Yes Track accrued profit Yes Debit credit advices Yes Posting allowed ATM Yes Profit statement Yes Available balance check required Integrated liquidity management Yes Monthly average balance Profit calculation balance basis Mudarabah fund id IAFD 10005 Cash reserve ratio 5 6 Copyright © 2019, Oracle and/or its affiliates. All rights reserved.

Accelerator Pack – Islamic Integrated liquidity management Product 1 – ILM with header benefit § Features of Rule – IPHR – Mudharabah profit rate of 5% – Interest based on pool leader account § Features of Product – IPHR – Accrual frequency as daily – Account level accrual – Liquidation frequency as 1 month – Payment method as bearing – Defer liquidation of 6 days 7 Copyright © 2019, Oracle and/or its affiliates. All rights reserved.

Accelerator Pack – Islamic Integrated liquidity management Product 2 – ILM with pool and normal benefit § This offering has all basic features that are needed for a corporate customer to open an account which could participate in the account structure either as a Parent or Child. § Features of Account class – IILMCH – Booking of deposit with sweep or pool facility – Integrated liquidated management option is enabled 8 Copyright © 2019, Oracle and/or its affiliates. All rights reserved.

Accelerator Pack – Islamic Integrated liquidity management Product 2 – ILM with pool and normal benefit Account class parameters Limit check Yes Overdraft Yes Track receivable Yes Account statistics Yes Exclude Same Day Reversal Transactions from Statement Yes Back period entry allowed Yes Profit charges Yes Track accrued profit Yes Debit credit advices Yes Posting allowed ATM Yes Profit statement Yes Available balance check required Integrated liquidity management Yes Monthly average balance Profit calculation balance basis Mudarabah fund id Yes Cash reserve ratio 5 9 Copyright © 2019, Oracle and/or its affiliates. All rights reserved.

Accelerator Pack – Islamic Integrated liquidity management Product 2 – ILM with pool and normal benefit § Features of Rule – IPRC, NPRO – Mudharabah profit rate of 5% – Interest based on pool reallocation – Credit interest rate based on normal rule § Features of Product – IPRC, NPRO – Accrual frequency as daily – Account level accrual – Liquidation frequency as 1 month – Payment method as bearing – Defer liquidation of 6 days 10 Copyright © 2019, Oracle and/or its affiliates. All rights reserved.