Core maintenance
Setting up of bank and branch parameters
Setting up country and currency parameters
Setting up of accounting period
Maintaining transaction codes
Defining holidays for the bank and branches
General Ledger
Creating chart of accounts
Defining reporting line hierarchy
Customer and account maintenance and signature verification
Creating CIF
Creating various types of Islamic account classes
Creating Islamic customer accounts under different account classes and account operations
Profit and Charges for customer accounts
Defining Profit rule
Setting up Profit product
Linking Profit rule to Profit product
Limits maintenance
Learning to maintain issuer details, types of collaterals, collateral pool, lendable margins
Creating limit line templates and limit facilities
Tracking exposure of customers
PCCF, tax and brokerage
Learning to create profit, commission, charges, fees, tax and brokerage rules
Defining classes for profit, commission, charges, fees, tax and brokerage rules
Associating classes with a functional product
Settlement instructions
Learning to maintain standard settlement instructions
Learning to maintain standard settlement instructions for specific customers and modules
MIS
Learning to setup management information system structure and associating it with customer or functional product
UDF
Learning to create various types of user defined fields and associating them at the module level
Islamic Financing Module
Islamic Domain
Maintaining Branch Parameters
Defining Islamic Financing Product, Asset Management Product, Islamic Derivatives, Islamic MM, Islamic Trade Finance, Islamic Securitization and Islamic Fixed Asset Product
Entering Contracts
Contract Life Cycle Processes
Description:
This Oracle FCUB Islamic 12.0.1 training helps you learn the sequential core maintenances set-up of Oracle
FLEXCUBE Universal Banking to equip yourself with the key static maintenances, which are the essential first steps
before getting into Islamic functional modules. Expert Oracle University instructors will take you through a step-by-step
approach of the session highlights, as well as the various maintenances and operations relating to Islamic modules.
Learn To:
Set up the core maintenances, including day zero maintenances.
Segregate Day Zero maintenances and other maintenances.
Create a product and restrict the number of products to an optimal level.
Understand the uniform functional architecture and design used across Islamic module of Oracle FLEXCUBE.
Create Islamic account classes, Islamic CASA accounts, profit distribution management and Islamic financing accounts.
Successfully create Islamic Banking related products based on different offerings of the Bank. Appreciate the linkages of
core and other functional modules with Islamic module
Build a good foundation on the fundamentals of Islamic Banking.
Understand Zakat processing, sale contracts, manual liquidation and value dated amendments.
Benefits to You
Upon completing this course, you'll walk away with the ability to set up Islamic Banking products and services in Oracle
FLEXCUBE. You will have developed a deeper understanding of Islamic Banking, Murabahah financing, Mudarabah
financing, Musharakah, Ijarah, Istisna, Wakala, Tawarruq financing, Mudarabah deposits and profit distribution
management. Through participating in extensive, hands-on labs, you'll put into practice the knowledge gained from the
theory sessions.
Please Note
All functionalities which are common to functional modules are defined one time as part of the Core Maintenances,
thereby making day-to-day operations smooth and less time consuming. Minimal steps are required to complete the
various flavors of Islamic transactions, as all common attributes are already defined as part of product setup.