Islamic Money Market Solutions: Features and Operations for Efficient Investing

2. Accelerator Pack 14.2.0.0.0 Islamic Money Market

3. Contents • Introduction • Products Features • APACK Product List • Operations • Reports and Advices

4. 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.

5. Products Features

6. Islamic Money Market- Product Features 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

7. 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).

8. 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).

9. 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).

10. APACK Product List

11. APACK - Products • MCB3 – Money Market Borrowing product • MCB5 – Money Market Borrowing product • MCP3 – Money Market Placement product • MCP5 – Money Market Placement product

12. Operations

13. Operations Functional / Operations features • Booking of Contracts • Commodity racking • Auto liquidation • Manual liquidation • Rollover

14. VAMI - Value Dated Amendment Functional / Operations features • Reversal of Payment • Rate Revision for the contract • VAMI • Contract Reversal • Generation of Advices and Messages

15. Reports and Advices

16. Reports • Islamic MM Broker Confirmation Pending Journal • Event Details Report • Islamic Money market Forward Contracts Report • Maturity Report

17. Reports • Overdue Schedules Report • Rate Revision Report • Accrual Control Report • Islamic Money Market Counterparty Confirmation Pending Journal

18. Reports • Contract Retrieval Report • Islamic Money Market Profit calculation Report • Islamic Money Market Forward Changes report • Islamic Money Market Brokerage Details Report

19. Advices • MM_DEAL_SLIP – Deal Slip • PAYMENT_MESSAGE – Payment message • MMCONPLA – MM Placement confirmation • MM_CONT_ADV – Contract Advice

20. Advices • MMAMDADV – Amendment Advice • MM_ROLL_ADV – Rollover Advice • MMCONDEP – MM Borrowing Confirmation • MMBRKCON – Broker Confirmation