Accelerator Pack 14.1.0.0.0 Islamic Integrated Liquidity Management

Accelerator Pack – Islamic Integrated liquidity management Contents Introduction Products ILM with header benefit ILM with pool and normal benefit

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

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

Accelerator Pack – Islamic Integrated liquidity management Product 1 – ILM with header benefit Account class parameters Limit check Yes Overdraft Track receivable Account statistics Exclude Same Day Reversal Transactions from Statement Back period entry allowed Profit charges Track accrued profit Debit credit advices Posting allowed ATM Profit statement Available balance check required Integrated liquidity management Profit calculation balance basis Monthly average balance Mudarabah fund id IAFD10005 Cash reserve ratio 5

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

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

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

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