2. Accelerator Pack 12.2
Islamic Integrated Liquidity Management

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

4. 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

5. 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

6. 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

7. 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

8. 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

9. 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

10. 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