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Murabaha Creation User Manual

1. Credit Score Details ORDMURUD__CVS_CRBREPORT__TAB_CREDSCORE Application Number IslamicMurabahaAccou Customer No 000006150 Requested Id 1 Bureau Code Report Header Bureau Credit Report Id First Name Report Date MiddleName Unique Id Last Name On File Date Birth Date Best Match Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Credit Scores Score Model Score Factor Score 2 16 36 1 Capturing Loan MIS Details You can capture the Finance MIS details by clicking Finance MIS button in Murabaha Finance Underwriting screen The Finance MIS screen gets displayed where you can capture the details aot ORACLE Loan mis Application Number IslamicMudarabahAccou gt Product MUDM Loan Account Number 000MUDM12065021 Loan Branch 000 Financing Currency GBP Link To Group Related Account Related Reference MIS Head interest Method Reference Rate Pool Code Transaction MIS Composite MIS Fund MIS MIS Group MIS Group MIS GRP1 MIS Group Transaction MIS 1 Composite MS 1 PAUL Fund MIS 4 Transaction MIS 2 Composite MIS 2 E Fund MIS 2 Transaction MIS 3 Composite MIS 3 j Fund MIS 3 Transacton MIS 4 E Composite MIS 4 4 Fund MIS 4 Transaction MIS 5 Composite MIS 5 Fund MIS Transaction MIS 6 Composite MIS 6 z Fund MIS 6 Composite MIS 7 at Fund MiS 7 pate A 2 nd 2 16 3
2. In this screen capture the following details Vehicle Details You can modify the details of the vehicle which is to be evaluated in the fields listed below Identification Number Enter the unique identification number associated with the vehicle Year Specify the year of manufacture for the vehicle Make Specify the make of the vehicle Model Specify the vehicle model Body Specify the vehicle body details Usage Specify the mileage used by the vehicle till date 218 ORACLE You can retrieve vehicle details from an external agency either by specifying the identification number for the vehicle or all of the following fields e Year e Make e Model e Body e Usage Valuation Source Select the valuation source from the adjoining drop down list The options are e INTERNAL e NONE Select INTERNAL if you wish the evaluation to be done by interfacing with an external agency Status Select the status from the adjoining drop down list The options are e REQUIRED e PENDING e COMPLETED e NOT REQUIRED e NOT AVAILABLE The evaluation will be done only if the valuation source is selected as INTERNAL and the status is RECOMMENDED For any other combination of values for the two fields the system will display an error message and will not proceed with the evaluation till the values are set as specified above After entering the required details select VERIFY as the Outcome and c
3. screen You can also invoke this screen by typing ORDMURAE in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button 2 36 ORACLE ORDMURAE__CVS_MAIN__TAB_CUSTOMER islamic Murabaha Application Entry H save lt i Hold Description lol Application Priority Low x Application Branch 000 Application Status Application Enty Application Date 2011 01 04 2 Main Details Financial Requested Limit Collateral Comments N Channel aa KYC Required 7 External Credit Check See Ew laz Auto Decision Required Magaan Applicant Details 10f1 E vi Type Existing Local Branch Customer No Default Short Name Customer Name National Id e Primay E Ed 3 4 m r Country z FirstName fe Account Details Nationality Middle Name cuit TERRE Ba Language a LastName _ E Acou Clans fal SSN Salutation Mr Account Number ae Customer Category a Gender Male Financial Currency Group Code 2 Ra Place of Birth Power of Attorney Home Phone ISD Pe z iscisieenie bal Issued ue ar S Date of Birth Bi a i kE ai a Mothers Maiden Name ao Holder Name k 3 3 gypa Marital Status Married Address Work Phone Mobile ISD Code FE Deptadanis Country Mobi
4. Asset Capture The various tasks carried out in these stages will be explained in detail in the subsequent sections Process Flow Diagram The process flow diagram given below illustrates the activities carried out during the different stages of the workflow 2 32 ORACLE 2 16 2 Process Matrix The process matrix given below lists out the different stages the user role handling each stage the function Ids involved and the exit points for each stage eae ORACLE Stage Stage Title Description Function Id Exit point Stage 1 Application The following details ORDMURAE PRO 1 Entry are captured as part CEED of this stage CANCEL Application Details Applicant Details Requested Finance Details Limits Information Collateral Details Check List User Defined Fields and Comments Document Capture 2 Application The details cap ORDMURAV PRO 2 Verification tured as part of CEED Application Entry RETURN stage is verified CANCEL 3 Application The details cap ORD PRO 3 Manage tured as part of MURMV CEED ment Verifi Application Entry RETURN cation stage is verified if CANCEL approval level is more than 1 4 Internal The Customer ORDMURKI PRO 4 Blacklist details captured as CEED Check part of Application CANCEL Entry stage can be verified for Internal Blacklist check 5 External The Customer ORDMURKE PRO 5 Blacklist details captured as CEED Check part of Ap
5. Checker Date Time Mod No Record Status Authorization Status You can specify the following details in this screen Group Id Specify a unique identification code for the ratio group Description Specify a suitable description for the ratio group Type Select the type of the finance from the following options available e Retail e Corporate Ratio Id Specify a unique identification for the credit ratio being maintained Description Specify a suitable description for the credit ratio Specifying Formula Details You can specify the formula to calculate the credit ratio by clicking the Formula button corresponding to a ratio Id The Formula screen is displayed where you can specify the condition for calculating the credit ratio associated with a ratio Id G ORACLE 2 8 ORDRATMT__CVS_FORMULA Formula Wizard Formula 1 Of 1 E Ratio Type Condition Condition Builder Stated Before You can specify the following details here Ratio Type Select the type of the ratio being maintained from the drop down list provided The following options are available e Stated Before e Stated After e Actual Before e Actual After Condition The condition specified using the Elements Functions Operators etc gets displayed here Elements Specify the data elements to be used to define the formula for credit ratio calculation or select the element from the option list provided F
6. Component Tab In Component tab the system calculates and displays the payment schedules and the schedule details based on the finance offer selected If you have selected an Enquiry ID for the customer then the schedule details that have been stored for the corresponding finance proposal are displayed here You can modify them if required aa ORACLE ORDMURUD__CVS_MAIN__TAB_SCHEDULE islamic Murabaha Underwriting X Hi save fi Hold Application Category MURC14 Leadid Application Number IslamicMurabahaAccou Product Code AMRT Enquiry ID User Reference OOOAMRT1100400C Description Murabaha Amort Application Priority Low bd Application Branch 000 Application Date 2011 01 04 Application Status Underwriting i Main Details Financial Requested Limit Collateral Credit Score Bureau Ratio Financing Component Charge Investigation Comments Component Name C Main Component 10f1 Component Currency Capitalized Liquidation Mode Auto Schedule C Waive Schedule Details CI Verify Funds Schedules 10f1 E F Schedule Type Schedule Flag Formula FirstDueDate NoofSchedules Frequency Units Schedule Start Date x End Date Amount EMI Amo Documents Multiple Asset KYC Review Customer Dedupe Finance Dedupe CustomerMIS Customer Account MIS Customer AccountFields Vehicle Evaluator Bureau Report FinanceMIS Finance Fields Previo
7. 4 of 1 gt m o BHARAT Once reviewed the verifier provides the review status and remarks ats ORACLE You can perform a check on the customer record based on the KYC Review and SDN Review screens and choose the internal KYC status and SDN status respectively based on the review You need to query on the records using all or a combination of the following criteria e Customer Number e First Name e Last Name e Date Of Birth e Country e Internal e Internal Remarks e External e External Remarks e SDN status e Review Click the Query button to view all records that match the specified criteria If the customer details do not match any of the displayed records select the action CLEARED from the drop down list adjoining the Audit button Click the Save icon in the tool bar to save the record The system displays the information message as xxx Acquire Successful on successful acquisition of the task Step 5 External Blacklist Check Stage The information against external KYC and SDN checks are verified in external blacklist check stage Only users belonging to the CEROLE Compliance Executive can perform this task If you have requisite rights acquire it from the list by clicking the Acquire button adjoining the desired task The following screen will be displayed The task will be moved to the Assigned task list Select the checkbox against your Workflow Ref
8. Select the frequency at which the customer pays his liability amount The following options are available in the drop down list e Daily e Weekly e Monthly e Quarterly e Half Yearly e Yearly Amount Specify the amount that the customer pays as his liability Account Balance Specify the balance associated with the liability account Start Date Specify a start date for the liability or select the start date by clicking the Calendar icon End Date Specify an end date for the liability or select the end date by clicking the Calendar icon Asset Details Type Select the type of the asset from the following options available in the drop down list e Vehicle e Home e Others Asset Sub Type Specify the sub type associated with the asset aa ORACLE 2 16 8 Description Specify a suitable description for the asset type Asset Value Specify the value associated with the asset Vehicle You can specify the following details for the asset type Vehicle Make Specify the make of the vehicle Model Specify the model of the vehicle Manufacturing Year Specify the year of manufacture of the vehicle Body Specify the body details of the vehicle Reg Specify the registration number of the vehicle Home Address Line 1 3 Specify the address of customer s residence in the three Address lines provided Width Specify the width of the customer s residence Length Specify the length of the
9. task list Select the checkbox against your Workflow Ref No and click Acquire button Go to the Acquired task list and double click on the record to invoke the following screen ORDMURKI__CVS_MAIN__TAB_CUSTOMER Islamic Murabaha Internal KYC Fl save lt i Hold Application Category Leadid Application Number Product Code Enquiry ID User Reference Description Application Priority Low Application Branch 000 Application Status Application Entry v Application Date 2011 01 04 WEW Details Financial Requested Limit Collateral Comments Channel KYC Required External Credit Check Required Intermediary Group Auto Decision Required i Applicant Details 101 Es Type Existing Local Branch Customer No Default ShortName Customer Name Nationalld Responsibility Liability RMID RMName m Country FirstName Account Details Nationality Middle Name Account Branch Language Last Name Account Class SSN Salutation Account Number Customer Category Gender v a n s Financial Currency Place of Birth a a Birth Country Issued eae IT Date of Birth lome Phone Mothers Maiden Name ee Work Phone ISD Marital Status Married Address Work Phone Mobile ISD Code Country Mobile Number Corporate Details Nationality Fax ISD Code Date Telephone ISD Code Fax Capital Telephone Number Power of Attorney Dependents Email Net Worth US Resident Status Passport Number Bu
10. All the vehicle maker codes that you have maintained in the Vehicle Maker Details screen are listed for selection Sub Model Select the sub model of the vehicle from the adjoining option list This list displays all models maintained using the Vehicle Maker Details screen Year Model Specify the year when the model was first launched Year of Manufacture Specify the year in which the vehicle was manufactured Engine Number Specify the engine number of the vehicle here This can be an alphanumeric value Chassis Number Specify the chassis number of the vehicle here Specifying Registration Details Type Specify the registration type here You can choose from the following values in the adjoining drop down list e S Self e TP Third Party e N None Name Specify the name in which the vehicle is registered Emirate Select the emirate in which the vehicle was registered from the option list All the emirates maintained using the Limits Type Maintenance screen will be listed for you to select Registration Number Specify the registration number of the vehicle here Date Specify the date on which the vehicle was registered Delivery Date Specify the date on which the vehicle was delivered As ORACLE 2 16 14 2 16 15 2 16 16 2 16 17 Specifying Vendor Details Vendor Code Select the vendor code from the option list All the vendor codes maintained using the Vendor Mai
11. Business Description M Visited 118 in last 2 veare m Documents Multiple Asset KYC Review CustomerDedupe FinanceDedupe Customer MIS Customer AccountMIS Customer Account Fields Previous Remarks Remarks Audit The system displays all the customers associated with the finance application with internal status displaying whether the customer information is available or not Click Review button to view all customer information and perform KYC and SDN checks ORCMURKY__CVS_MAIN KYC Review Application Number IslamicMurabahaAccou Customer No 000006150 KYC Review Details Local Branch KYC Internal Status First Name KYC Internal Remarks Middle Name KYC Extenal Status Last Name Date of Birth 1981 05 18 KYC Extenal Remarks Country GB SDN Status Nationality GB SDN Remarks ae ORACLE The KYC Review Screen STSKYCMN and SDN Review Screens ORSSDNMN are displayed KYC Maintenance Summary Authonzation Status Record Status KYC Reference Full Name of Customer KYC Customer Type Risk Level Ez Records per page 157 IA 4 1 or 1 Authorization Status Record Status KYC Reference KYC Customer Type Risk Level 0002KYC112450005 Retail Customer Level 1 0012KYC112450004 Level 2 001ZKYC112450005 001ZKYC112450007 0012KYC112450001 001ZKYC112450002 0012KYC112450003 0012KYC112450006 0192KYC112490001 0222KYC121530002 WB12K
12. Credit line By linking a Credit Line to a Liability code the customer also gets linked to the Credit Line This is true because a Liability code has been assigned to every credit seeking customer and the credit facilities granted to the customer are defined and tracked against this code Line Serial Each time a customer line code combination is specified Oracle FLEXCUBE ELCM system assigns a unique serial number to the combination This serial number is unique to the line liability code combination Thus for every new record entered for a Line Liability combination a new Serial number is generated The Line Liability Serial number forms a unique combination Line Branch Select the line branch code from the adjoining option list Main Line Code Specify the main line code The adjoining option list displays all valid main line codes maintained in the system You can choose the appropriate one Line Currency Specify the currency in which the facility is defined The currency that has been selected will have the following implications e The limit amount that has been specified for this Line Liability combination is taken to be in this currency e The line that has been defined will be available for Utilization only in the line currency unless specified otherwise under Currency Restrictions in this screen Once the entry is authorized you cannot change the currency If the limit allotted to this Line Liability combination
13. If the credit bureau is not checked in the application entry stage the underwriter can verify it in the underwriting stage by giving status as Required and Outcome as Verify On giving the outcome as verify the credit bureau verification happens and the application moves to underwriting stage again The credit agencies and the bureaus maintained for the Application Category are displayed in this screen You can capture the remarks and recommendations from these agencies in this tab You can also view the credit report obtained from the agencies and bureaus Credit Bureau Details Customer Id The identification of the finance customer gets displayed here Bureau The credit bureau maintained for the Application Category in Application Category Maintenance gets displayed here Status Select the status for the credit bureau check from the following options in the drop down list e Completed e Pending Remarks Specify remarks if any associated with the finance application External Credit Rating External Agency Specify the external agency that you want to use for the evaluation If you do not specify a value here the system will display an error message Recommended Select the recommendation of the credit agency for the finance requested from the following options provided in the drop down list aoa ORACLE e Recommended e Not Recommended Remarks Specify remarks if any associated with the finance appl
14. QCION TED EAO E EEEE ETT 2 10 2 5 3 Specifying Credit Grado S nsroile 2 12 2 5 4 Specifying Auto Decision Details cccccccccteeeeeetetneeeeeetnnneeeeeetntaeeeeeeeae 2 12 2 6 Viewing Credit Rule SUMMA ccecceceeeeeteeeeeeeeenneeeeeetaeeeeeeeeaeeeeeetnaeeeeeeeeaes 2 13 2 7 Maintaining Credit Ratios creearea nT AT EE R 2 14 2 7 1 Specifying Formula Details serrer Eeee TE OI EE ETE 2 15 2 8 Viewing Credit Ratio SUMMary sseeseessesesiresseserissrtirrststtrttsstttrrsstttnrnssttnrnnseennnnt 2 16 2 9 Maintaining Override Details 0 ce ccccceeeeeneeeeeeeeenneeeeeeenneeeeeeettaeeeeeeeeneeeeeeenaaes 2 17 2 10 Viewing Override SUMMALY ccceeeeeeeeeeeeecee eee eeeaaeeeeeeeaaaeeeeeeeeaeeeeeeeiaeeeeeeeaas 2 19 2 11 Maintaining Document Checklist and AdViCES 00 eeecceceeeeeeeeeeeeeeenteeeeeeeneeeeeeeeaas 2 20 2 11 1 Process Flow BPEL ROPOft 0 c cccsccccsssieeeeestteeeeeeesneeeeeeeenaeeteeenenaes 2 22 2 12 Viewing Document Checklist SUMMALY cece eeeeeeeeeeeteeeeeeeettaeeeeeeenaeeeeetenaaes 2 22 2 13 Maintaining Application Category Details 0 eccccceeeeeeneeeeeeentteeeeeeetaeeeeeeenaaes 2 23 2 4 321 Malt TAD tec eis TEE SONATE T E ised de deta edness etvdaat ai 2 24 213 2 AQCNCY TAD veccsccccccctesccei ities diese EEr EERE EEREN EE EERE ERRE EE Er EAEE Eai 2 25 2 14 Viewing Application Category Summary ssssssssessessriesserrrssrtirrsstttrrnssttnrrssrnnnne 2 26 2 15 Maintaining Pricin
15. Type Maintenance screen will be listed here for selection Area within Emirate Specify the area within the selected Emirate by clicking on the option list The different areas with Emirate that you have maintained using the Limits Type Maintenance screen will be listed here for selection Country Specify the country where the property Mortgage Degree Specify the degree of mortgage of the property Lot Number Specify the lot number of the property ii ORACLE 2 16 27 2 16 28 2 16 29 2 16 30 Specifying Vendor Details Vendor Code Select the vendor code from the option list All the vendor codes maintained using the Vendor Maintenance screen are listed for you to select Vendor Name The vendor name corresponding to the vendor code selected is displayed here Specifying Amount Details Currency Specify the currency of the account Requested Amount Specify the amount requested for finance Downpayment Specify the amount paid as down payment Property Value Specify the value of the property here Insurance Value Specify the amount for which the property is insured Asset Finance Amount Specify the amount financed for the asset Specifying Insurance Details Insurance Company Select the name of the company from which insurance coverage is taken for the property Insurance Paid By Specify by whom the insurance for the property is paid Premium Amount Specify the premium
16. customer s residence Occupancy Specify the number of people who occupy of the customer s residence Requested Tab The details related to the requested finance corresponding to the Lead Id selected are displayed in this tab You can modify these details if required If you have selected an Enquiry ID for the customer then the requested details that have been stored for the corresponding finance proposal are displayed here 246 ORACLE You can also capture the following itemization details corresponding to the requested finance Finance Requested Requested Currency Specify the currency for transaction The adjoining option list displays all valid currencies maintained in the system You can select the appropriate one Requested Amount Specify the amount requested corresponding to the itemization specified Tenor In Months Enter the tenor in months Rate Enter the profit rate for the finance Hamish Jiddayah Specify the amount paid as Hamish Jiddayah Promotion Id Specify a unique 4 character alphanumeric code to identify the promotion in the system No of Installments Specify the requested Number of Finance Installments Schedules Frequency Specify the requested Finance Schedule Frequency Unit Select the requested Finance Schedule Frequency Unit Basis from the adjoining drop down list The system defaults the values of the following in the loan block in the underwriting s
17. in this field Pool Utilized This field displays the pool amount that has been linked to a various credit lines hence displaying the total pool amount utilized at any point in time Collaterals Tab You can capture the details related to the collaterals provided by the customer in this tab ane ORACLE ORDMURAE__CVS_MAIN__TAB_COLLATERAL islamic Murabaha Application Entry X H save lt i Hoid Description i Application Priority Low v a Application Branch 000 Application Status Application Enty Application Date 2011 01 04 e Applicant Details T Type Primary gt Local Branch 000 CustomerNo 000006150 Customer Name E Main Details Financial Requested Limit Collateral Comments Collateral Details 4202 H Start Date E E Revaluate Collateral Collateral Branch Sie i amp Revaluation Date A eI llateral Cate 3 a Collateral Id Pel wis i Revision Date 1B i X Collateral Description i aN mekar Charge Type x Faiked REANG Utilization Order Collateral Currency F oraaa Commitment Product Collateral Value a la Market Value Based Haircut Schedule Vehicle Details i 10f1 EZ Security Id Etc 101 HE Number Of Units V Effective Date Haircut Nominal Value Vehicle ID Cap Amount v E Vehicle Number Year Guarantor Based Make Guarantor Id az E Model Ra
18. its affiliates will not be responsible for any loss costs or damages incurred due to your access to or use of third party content products or services Contents Preface iine iaaa aaraa a Paa aae E Eara anaieri Eoaea amaa Eie 1 1 Ti UMTMOMUGHON pa cectades ohicetbecdtedeeda beneeedictg a EE E baa EE AEN 1 1 V2 PAUGIGNCO eaa E A A TA E AA EE 1 1 1 3 Documentation Accessibility ssaeesssineeeeesnieesinneennnnaeninnnnnsnnnnaddenanannenananeniannnnana 1 1 1A ABDeVaTONS orra aR A EAE A A R e AAAA fatten 1 1 ko Aam ON aE a E ETA A 1 1 16 Related Documents ic ac detache aiid EE T 1 2 Vet Glossary OVICONS eea r E receded Lateran a eae 1 2 Murabaha Origination 2c cccnaeneceticenek ete ee tent 2 1 2D gt WAWOCUCUION nei erar eae Mie eid atacand aie i 2 1 22 Stages in Murabalhia its s e005 geen ee ats es icp eet oe E 2 1 2 3 Maintaining Finance Prospect Details 00 0 0 cceeeeeeeeeeeeeeeeeeeeeeeeeeeeeseneeeeeeeeeenaeees 2 2 2 9 GuSIOMCr Fab seccetius src gttscatdegex n E OA 2 3 23 2 Details Tab secciscccccetesciiecdisces naria AELE RAE AS E Ai iA E AE Ea 2 5 23 3 R qu est d TaD a a e a aapa e aaa a ae a da a a a ee bees 2 7 2 4 Viewing Finance Prospect SUMMAary ssssssesisssserrsssrrrrssttrrrssstennnsstttnnsssrtennnnnt 2 8 2 5 Maintaining Credit Rating Rules aeseesseeessneeeesrnessesrsseersnnnsssnnnnnestsnnnesenennneetenneeet 2 9 29A Ma TAD cise a a eae a a aa Ag a E A EE TSE 2 10 PA RISK
19. local branch home branch of the finance applicant Select the appropriate one from the option list Customer No The system displays the customer number However you can modify it For existing customers you need to select the customer number from the option list provided Click Default button to default the details of existing customers The system defaults the customer number if the local branch is specified and the check box Existing remains unchecked Short Name Specify the short name of the applicant Customer Name Specify the customer name Responsibility Specify the Co Applicant s Responsibility for all parties other than primary Applicant Liability Specify the liability for all parties other than primary applicant RM ID Select the ID of the Relationship Manager from the adjoining option list RM Name Specify the name of the Relationship Manager of the finance applicant iia ORACLE Country This is the country as given in the address of correspondence of this customer SSN Specify the SSN of the customer Language As part of maintaining customer accounts and transacting on behalf of your customer Customer Category In this category you can classify customers of your bank Nationality Specify the nationality of the customer Financial Currency Specify the financial currency or select the financial currency from the option list provided Mobile ISD Code Specify the internatio
20. on the finance Viewing Document Checklist Summary You can view a summary of the document checklists and advices in Document Details screen You can also query for a particular record based on desired search criteria ae ORACLE 2 13 You can invoke this screen by typing ORSDOCMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Documents Details Authorization Status Record Status Process Code az Application Category Records per page 15 v 1 Of 1 Authorization Status Record Status Process Code Application Category You can specify any of the following details to search for a record e Authorization Status e Record Status e Process Code e Application Category Click Search button to search for a record based on the search criteria specified You can double click a desired record to view the detailed screen Maintaining Application Category Details You can maintain various application categories linked to multiple finance products that cater to the requirements of different customers in Application Category Maintenance screen The entire process of finance origination depends mainly on the category to which the application belongs You can invoke Application Category Maintenance screen by typing ORDCATMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button ie
21. property is by clicking on the option list The different areas in another country that you have maintained using the Limits Type Maintenance screen will be listed here for selection Plot Number Specify the plot number here Property Status Specify the status of the property financed Property Area Specify the area of the property ane ORACLE Property Usage Specify the usage of the property here For example Primary Secondary etc Date of Completion Specify the date of completion of the property construction Title Deed Number Specify the title deed number This has to be an alphanumeric value Registered on Name Specify on whose name the property is registered Title Deed Issued From Specify from where the title deed was issued Registration Number Specify the registration number of the property here Date Specify the date on which the property was registered Title Deed Issue Date Specify the date on which the title deed was issued Villa Apartment Number Specify the number of the villa or the apartment Building Compound Name Specify the name of the compound in which the building is located Street Name Specify the name of the street in which the property is located PO Box Specify the post office box number of the location where the property is located Emirate Select the Emirate where the property is by clicking on the option list The Emirates that you have maintained using the Limits
22. provided e Mandatory aa ORACLE 2 11 1 2 12 e Overridden e Others BI Advices Report Name Specify the name of the advice report to be generated on completion of the process stage Template Specify the template to be used to generate the advice report Format Select the format in which the advice report needs to be generated from the drop down list provided The following options are available e PDF e RTF Locale Select the locale information to be used for generating the advices from the drop down list The following options are available e en US Process Flow BPEL Report Based on the details maintained on this screen you can generate a report from any stage of the process flow To generate this report from a particular stage you need to click the Document tab at that stage Under the frame Advices you have the option to generate this report You can generate the report only if you maintain ORRPICAL_en_US rtf as the template You can generate this report in PDF or RTF formats Contents of the Report This report contains the following details of the finance account Field Description Financing Application Number The application number of the finance Approved Financing Amount The amount approved for the finance Tenor In Months Tenor in terms of months Applied On The date of application of the finance Profit Rate The rate of profit applicable
23. the bank level Date of Birth Specify the date of birth of the customer Mother Maiden Name Specify the mother maiden name Passport Number Specify the passport number of beneficial owner Passport Issue Date Specify the issue date of the passport Passport Expiry Date Specify the expiry date of the passport Marital Status Indicate the marital status of the customer here You may select one of the following from the list available here e Single e Married e Divorcee e Remarried e Separated e Spouse Expired Dependents Specify the number of family members children and others who are dependent on the customer financially You can indicate any number between 0 and 99 an ORACLE Corporate Details Incorp Date Specify the date on which the customer s company was registered as an organization Capital Specify the particular customer s various financial details like total Paid Up capital Net Worth Specify the Net worth of the customer organization Business Description Specify the nature of the business and the business activities carried out by the customer organization Country Specify the Country of registration of the office of the corporate Power of Attorney Note If the FATCA is enabled at the bank and the check box Power of Attorney is checked here then it is mandatory to specify the Power of Attorney information Power of Attorney Check this box to indicate th
24. the engine number of the equipment here Equipment Location Specify the location where the equipment is Street Specify the name of the street where the equipment is Area Select the area where the equipment is from the option list The different areas that you have maintained using the Limits Type Maintenance screen will be listed here for selection City Select the city where the equipment is from the option list The different cities that you have maintained using the Limits Type Maintenance screen will be listed here for selection Country Select the country where the equipment is from the option list The different countries that you have maintained using the Limits Type Maintenance screen will be listed here for selection Owners Specify the name of the person who owns the equipment Description Enter a description for the equipment Currency Specify the currency of the account Downpayment Specify the amount paid as down payment Asset Finance Amount Specify the amount financed for the asset Specifying Seller Details Vendor Code Select the vendor code from the option list All the vendor codes maintained using the Vendor Maintenance screen is listed for you to select Vendor Name The vendor name corresponding to the vendor code selected is displayed here Selling Date Specify the date on which the equipment was sold eop ORACLE Invoice Date Specify the date on wh
25. tool bar and clicking the adjoining arrow button ORDLEADM__CVS_MAIN__TAB_CUSTOMER Prospect Details Ei save Hold Lead id MUR111 Brancn 000 Ba Application Type Retail Description it Date of Request 2011 01 04 Current Status NEW New Account Number New Status FE RequestID SS Conversation ID a Channel FLEXCUBE a Promotion Code Main Details Financial Requested Applicant Details 40f1 A Ge Sequence Number Type Existing Local Branch Customer No Default Short Name Customer Name feal 14 Primary ooo G3 00006657 Pe A a City FirstName SI SSN Country GB Middle Name if Passport Number Nationality GB LastName E Passport Issue Date E Language ENG Salutation Passport Expiry Date el Customer Category La Gender Existing Relationship Details Financial Currency GBP r Date of Birth ma Relationship Type Mobile Number S Panamees Mothers Maiden Name E Piian eim a andline Number Marital Status lt Customer ID Account fs Email js Dependents o Number Fax Preferred Date of Contact Preferred Time of Contact Any Time D Documents Conversation Maker Date Time Mod No Checker Record Status Cancel Date Time Authorization Status You can specify the following details in this screen Lead Id Specify a unique identification for the prospective finance customer Description Specify a suitable description f
26. top right corner of the Application tool bar and clicking the adjoining arrow button aN ORACLE ORDOVDMT__CVS_MAIN amp Override Maintenance E New Enter Query Process Code New Route Application Category Type Retail x Stage 1 Of 1 Stage Description Overrides 10f1 E Sequence Number Condition Error Code Error Parameter Elements Index Functions v Braces E Operators E Logical Operators Maker Date Time Checker Date Time Mod No Record Status Authorization Status You can specify the following details in this screen Process Code Specify the process code of the process for which you wish to maintain override conditions or select the process code from the option list provided Application Category Specify the category to which the finance application belongs or select the application category from the option list provided Type Select the type of the finance from the following options available e Retail e Corporate e Ijarah e istisna e Mudarabah e Murabaha e Musharaka e Tawarooq aiB ORACLE 2 10 Stage Select the stage of the finance origination process from the option list provided The various stages can be Application Entry Application Verification Underwriting Finance Approval etc Description Specify a suitable description for the finance origination stage Overrides Here you can capture the details of the conditions to be check
27. 31 Specifying Balance Details cccccccceeeeeteesteeeeetnneeeeeeesnneneeenetnaeeeeentaa 2 65 2 16 32 COMMONS Tab csicccissccciciiies eeceieses iii eed teen secieeebe soda EE rii er r Aiat 2 65 2 16 33 Capturing Document Detalls 0 c ccccccceeceteteeeeeetetneeeeee tennessee tnaeeeenenee 2 66 2 16 34 Collateral TaB corrr eiea rea aii dip EE E E aA 2 77 2 16 39 Credit Score TAD 25 pscretieseevets bis cee seeded phen eos eee 2 80 2 16 36 Bureau labia ick eisr aisle a vlna tee ae 2 81 216 37 RAMOS TAD eecsteet cee cin Givens eevee tie ila Deh Poveda debe EATA VEEE ide cee deck eben 2 88 2 16 38 FINQNGING PAD reretia eoret sags bevy Ei iiia vhaadde esas desde Men edenens LERA idana ARAA 2 89 2 16 39 COMPONENT LAD a a aa a a aE eat eddies 2 91 2 10 40 Charges TaD ariran a eE O EE ees coda ete A 2 92 2 16 41 INVESTIGATION TAD seria eareoriena anede ieai ieia EATA E R SAA EEE ARAARA REN A ERSA 2 93 2 16 42 Comments Tab arenie aieri anei i parE A deen ae EE a i aR 2 94 2 17 Message Generation cccccceeccccceeeseecceceeesecceceeeesecceeeeeneaceceeseenaceeeeenensceceetnnees 2 97 2 17 1 Asset Capture Stage oirr i EEEE ESEE EEE AE EEE E RS 2 101 3 Function ID Glossary ideii shacaciccccccsdadecehecitech ieasinieeeita eel 3 1 1 1 1 2 1 3 1 4 1 5 1 Preface Introduction This manual is designed to help you quickly get acquainted with the workflow of Murabaha creation maintaining the prospect details and ot
28. 6 2 Capturing Loan UDF Details You can capture the Finance UDF details by clicking Finance Fields button in Murabaha Finance Underwriting screen The Finance UDF screen gets displayed where you can capture the details gt Loan Fields Appacation Number IslamicMusharakaAccou Loan Account 0OOMUS1120650225 Product Code MUS1 Loan Account Branch 000 haracter Fields TESTI tcr 2 e 2 p 2 2 DHABRAAD AD ND SN A 2 16 37 Ratios Tab In the Ratios tab the system calculates the stated and actual income debt ratios and also calculates the ratio based on What if payment amount ane ORACLE ORDMURUD__CVS_MAIN__TAB_FINSUM isiamic Murabana Underwriting H save lt i Hod Application Category MURC14 Leadia Application Number IslamicMurabahaAccou Product Code AMRT Enquiry ID User Reference OOOAMRT1100400C Description Murabaha Amort Application Priority Low Application Branch 000 Apoio Sus Gaia Application Date 2011 01 04 Applicant Details Type Primary bd Local Branch 000 Customer No 000006150 Customer Name CHIDU2 Main Details Financial Requested Limit Collateral Credit Score Bureau Ratio Financing Component Charge Investigation Comments Stated Actual Assets Monthly Income Monthly Income Liabilities Monthly Debt Monthly Debt Net Worth What if Payment Amt Ratios 4 0f1 Ez E Ratios Stated Before Stated After Actual Bef
29. Active and Settled During account initiation the status will be Active Once the prepayment of the asset begins the asset will be completely settled Then the status will change to Settled An asset can only be completely settled No partial payment is allowed Capturing Property Details Property Type New Select if the property is new or old The options available are e Y Yes e N No Type of Property Select the type of property from the option list The types of properties that you have maintained using the Limits Type Maintenance screen will be listed here for selection Description Specify a description for the property Builder Name Specify the name of the builder of the property Project Name Specify the name of the project Building Name Specify the name of the building for which finance is taken Wing Name Specify the name of the wing in which the property is District Area Hoz Raqam Select the district or area within the selected Emirate by clicking on the option list The different districts within the Emirates that you have maintained using the Limits Type Maintenance screen will be listed here for selection City Select the city where the property is by clicking on the option list The different cities that you have maintained using the Limits Type Maintenance screen will be listed here for selection Area in Another Country Select the area in another country where the
30. Business Details Type of Business Currency Name of Business Annual Turnover Type of Ownership Others Documents Conversation Maker Date Time Mod No Checker Record Status Date Time Authorization Status Address Details Seq No The sequence number is automatically generated by the system Address Type Select the address type of the customer from the following options provided in the drop down list 25 ORACLE e Permanent e Home e Work e Temporary e Others Mailing Check this box to indicate that the address you specify here is the customer s mailing address Address Line 1 3 Specify the address of the customer in three lines starting from Address Line 1 to Address Line 3 Contact Number Specify the contact telephone number of the customer Zip Specify the zip code associated wit the address specified Country Specify the country associated with the address specified Employment Details Seq No The sequence number is automatically generated by the system Employment Type Select the customer s employment type from the drop down provided The following options are available e Part Time e Full Time e Contract Based Employer Specify the name of the employer of the prospective customer Occupation Specify the occupation of the prospective customer Designation Specify the designation of the prospective customer Employee Id Specify the employee Id of the prospective cu
31. Component Name e Event Code e Associated currency e Amount Waive Check this box to waive the charges associated with the finance 2 16 41 Investigation Tab In this tab the system captures the field investigation details associated with the customer 2 93 ORACLE ORDMURUD__CVS_MAIN__TAB_INVESTIGATION Islamic Murabaha Underwriting E New E Enter Query Workflow Reference Priority Low Application Category Lead id Application Number Product Code Enquiry ID User Reference Description Application Priority Low Application Branch Application Status Application Entry ad Application Date Applicant Details Type Primary X Local Branch Customer No Customer Name Main Details Financial Requested Limit Collateral Credit Score Bureau Ratio Financing Component Charge Nesey Comments Invest 1 Of1 Verification Type Agency Status E Internal Not Required Documents Multiple Asset KYC Review Customer Dedupe Finance Dedupe Customer MIS MIS Customer AccountFields Vehicle Evaluator Bureau Report Finance MIS Finance Fields Prev Remarks Remarks Andit The following details related to the customer can be captured here e Verification Type e Verification agency You can view the investigation report associated with the customer by clicking the Report button 2 16 42 Comments Tab In this tab you can capture the comments by the us
32. Document Details 10f1 E Document Category Document Type Mandatory Mandatory BI Advices 41 0f4 E Report Name Description Template Type Format Locale Outcome iia Query PoF enus Checklist Details 10f1 E Sequence Number Checklist Item Mandatory a Maker Date Time Mod No Checker Record Status Date Time Authorization Status You can specify the following details in this screen Process Code Specify the process code of the process for which you wish to maintain override conditions or select the process code from the option list provided Application Category Specify the category to which the finance application belongs or select the application category from the option list provided Stage Select the stage of the finance origination process from the option list provided The various stages can be Application Entry Application Verification Underwriting Finance Approval etc Stage Title Specify a suitable description for the finance origination stage Document Details Document Category Specify the category to which the document belongs or select the document category from the option list provided Document Type Specify the type of the document or select the document type from the option list provided Mandatory Select the option to indicate whether the document is mandatory or not You can select any of the following options from the drop down list
33. End Date J Loan v Monthly asl A E Asset Details Vehicle Home 101 HE Make Address Line 1 E Toe olai T Model Address Line 2 she eS Manufacture Year Address Line 3 Asset Sub Type Body Width Description Dans es P M Documents Multiple Asset Customer Dedupe Finance Dedupe Customer MIS Customer Account MIS Customer Account Fields Previous Remarks Remarks Audit Income Details You can capture the following details corresponding to the finance applicant s income Income Type Select the type of income associated with the customer from the drop down list provided The following options are available e Salary e Rent e Business e Others Currency Specify the currency in which the customer draws his income or select the currency from the option list provided Amount Specify the amount that the customer draws as his income Frequency Select the frequency at which the customer earns income The following options are available in the drop down list e Daily ene ORACLE e Weekly e Monthly e Quarterly e Half Yearly e Yearly Liability Details You can capture the following details corresponding to the finance applicant s liabilities Liability Type Select the type of the liability from the following options provided in the drop down list e Finance e Lease e Rent e Others Liability Sub Type Specify the sub type corresponding to the liability Frequency
34. MIS Customer AccountMIS Customer AccountFields Previous Remarks Remarks Audit The approver can send the application back to the previous stage if the information provided is not adequate or choose to cancel it if the information captured is not satisfactory If the application details are verified successfully the approver can proceed with the processing of the application by selecting PROCEED as the Outcome The approver can select RETURN to return the process to previous stage for data correction or CANCEL to terminate the process On successful completion a message stating that the task is successfully completed gets displayed ane ORACLE 2 17 To acquire the next stage you need to go to the Task menu and select Assigned under Standard option All tasks that have been successfully completed are listed in the right side of the screen Select the checkbox against your Workflow Ref No and click Acquire button at the top of the screen to acquire the next stage of the task The system displays the information message as xxx Acquire Successful on successful acquisition of the task Click Ok to proceed to the next stage To select the acquired task for the next stage select Acquired under Standard option in the Task menu All the tasks that have been successfully acquired are displayed in the right side of the screen Search for your workflow refere
35. MT ee 2 18 ORSLEADM ee 2 8 ORDPRCMT osei 2 27 ORSOVDMMT ee 2 19 ORDRATMMT ee 2 14 ORSRATMT ooeec 2 17 ORDRATMT 0 eee 2 15 ORSRULMT oe 2 14 ORDRULMT ee 2 9 I ORACLE
36. No and click Acquire button Go to the Acquired task list and double click on the record to invoke the following screen aA ORACLE ORDMURKE__CVS_MAIN__TAB_CUSTOMER Islamic Murabaha External KYC H save i Hold Application Category Leadid Application Number Product Code Enquiry ID User Reference Description Application Priority Low Application Branch 000 Application Status Application Entry Application Date 2011 01 04 9 ME Details Financia Requested Limit Collateral Comments Channel CI KYC Required C External Credit Check Intermediary Group m Required Auto Decision Required Applicant Details 1 Of 1 Type Existing LocalBranch CustomerNo Default ShortName CustomerName Nationalld Responsibility Liability Country First Name Account Details Nationality Middle Name Account Branch Language Last nae Account Class SSN Salutation Mr Account Number Customer Category Gender Male as Financial Currency n FERE RN Place of Birth Power of Attorney Birth Country Home Phone ISD Date of Birth Issued PODEFNON Mothers Maiden Name Holder Name Work Phone ISD Marital Status Mared Address Work Phone me Mobile ISD Code Dependents pr C Mobile Number Corporate Details Nationality Fax ISD Code Date Telephone ISD Code fae Capital Telephone Number Email Net Worth US Resident Status Passport Number
37. ORACLE 2 13 1 ORDCATMT__CVS_MAIN__TAB_MAIN Application Category Maintenance Detail E New amp Enter Query Application Category Application Type Category Description Rule Id Ratio Id Pricing Group Main Agency Product Details 1 0f1 E Product Code Product Description Default External Credit Check Required External Credit Check Requiredfor Amount Basis Amount From Account Class Details TEA E Account Class Account Description Offer Details 10f1 E Offerid Noofinstallments Units Frequency Rate RateCode Default Maker Date Time Mod No Checker Record Status Date Time Authorization Status You can specify the following details in this screen Application Category Specify a unique identification for the finance application category Category Description Specify a suitable description for the finance application category Rule Id Specify the credit rule to be associated with the application category or select the Rule Id from the option list provided Ratio Id Specify the credit ratio to be associated with the application category or select the Ratio Id from the option list provided Pricing Group Specify the pricing group to be linked to the Murabaha application category The option list displays all valid pricing groups applicable Choose the appropriate one Main Tab You can capture the following details in the Main tab Product Details You can sp
38. ORACLE Murabaha Creation User Guide Oracle FLEXCUBE Universal Banking Release 12 0 2 0 0 Part No E49740 01 September 2013 Murabaha Creation User Guide September 2013 Oracle Financial Services Software Limited Oracle Park Off Western Express Highway Goregaon East Mumbai Maharashtra 400 063 India Worldwide Inquiries Phone 91 22 6718 3000 Fax 91 22 6718 3001 www oracle com financialservices Copyright 2007 2013 Oracle and or its affiliates All rights reserved Oracle and Java are registered trademarks of Oracle and or its affiliates Other names may be trademarks of their respective owners U S GOVERNMENT END USERS Oracle programs including any operating system integrated software any programs installed on the hardware and or documentation delivered to U S Government end users are commercial computer software pursuant to the applicable Federal Acquisition Regulation and agency specific supplemental regulations As such use duplication disclosure modification and adaptation of the programs including any operating system integrated software any programs installed on the hardware and or documentation shall be subject to license terms and license restrictions applicable to the programs No other rights are granted to the U S Government This software or hardware is developed for general use in a variety of information management applications It is not developed or intended for use in any inhere
39. On successful completion a message stating that the task is successfully completed gets displayed To acquire the next stage you need to go to the Task menu and select Assigned under Standard option All tasks that have been successfully completed are listed in the right side of the screen Select the checkbox against your Workflow Ref No and click Acquire button at the top of the screen to acquire the next stage of the task The system displays the information message as xxx Acquire Successful on successful acquisition of the task Click Ok to proceed to the next stage To select the acquired task for the next stage select Acquired under Standard option in the Task menu All the tasks that have been successfully acquired are displayed in the right side of the screen Search for your workflow aAa ORACLE reference number and click the Workflow Ref No to open Murabaha Application Approval screen Step 7 Finance Approval Stage In the Finance Approval stage the approver verifies the finance application analyzes the applicant s financial status credit rating and field investigation reports and based on the credit worthiness of the customer approves the finance offered to the customer You can key in the finance application details required in Murabaha Application Approval screen Users belonging to user role CMROLE are authorized to perform these ta
40. RUD__CVS_CRBREPORT__TAB_ COLLECTIONS Credit Bureau Report Application Number IslamicMurabahaAccou Customer No 000006150 Requested Id 1 Bureau Code Report Header Bureau Credit Report Id FirstName Report Date MiddleName Unique Id Last Name On File Date q Birth Date Best Match Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Collections 1 Of 1 E Creditors Name Account AcctBalance HighBalance TermType BalanceDate OpenDate LastActivity Date History Date ECOA Special Fraud Messages ORDMURUD__CVS_CRBREPORT__TAB_FRAUDMSG b dit Bureau Report x Application Number IslamicMurabahaAccou Customer No 000006150 5 Requested Id 1 Bureau Code Report Header Bureau Credit Report id First Name Report Date MiddleName Unique Id Last Name On File Date 5 Birth Date Best Match summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages inquiries Also Known As Consumer Statement Credit Scores Fraud Messages 10f1 l E i T Product Message 2 F aB ORACLE Inquiries ORDMURUD__CVS_CRBREPORT__TAB_INQ Credit Bureau Report Application Number IslamicMurabahaAccou Customer No 000006150 Requested Id 1 Bureau Code Report Header Bureau Credit Report Id FirstName Report Date MiddleName Unique Id Last Name On File Date Birt
41. YC121300003 SERRRRER ER gt Alias Names Summary Date of Girth Records per page 15 lili 4 4 of 1 Name BHARAT Once reviewed the verifier provides the review status and remarks You can perform a check on the customer record based on the KYC Review and SDN Review screens and choose the external KYC status and SDN status respectively based on the review You need to query on the records using all or a combination of the following criteria e Customer Number e First Name e Last Name e Date Of Birth 218 ORACLE e Country e Internal e Internal Remarks e External e External Remarks e SDN status e Review Click the Query button to view all records that match the specified criteria If the customer details do not match any of the displayed records select the action CLEARED from the drop down list adjoining the Audit button Click the Save icon in the tool bar to save the record The system displays the information message as xxx Acquire Successful on successful acquisition of the task Click Ok to proceed to the next stage To select the acquired task for the next stage select Acquired under Standard option in the Task menu All the tasks that have been successfully acquired are displayed in the right side of the screen Search for your workflow reference number and click the Workflow Ref No to open Murabaha Underwriting screen Step 6 Unde
42. _COMMENTS islamic Murabaha Application Entry Ei save lt M Hod Application Category MURC14 Leadid Application Number IslamicMurabahaAccou 05 Product Code AMRT a3 Enquiry ID User Reference Description Murabaha Amort fe Application Priority Low Application Branch 000 Application Status ApplicationEntry Application Date 2011 01 04 Main Details Financial Requested Limit Collateral Comments Comments TOI E SerialNo Comments CommentBy Comment Date Documents Multiple Asset CustomerDedupe Finance Dedupe CustomerMIS CustomerAccountMIS Customer Account Fields Previous Remarks Remarks Audit You can specify the following details here Sequence Number The sequence number is automatically generated by the system Comments Specify comments if any to be associated with the finance application Comment By The system defaults the name of the commenter Comment Date Specify the date on which the comment was given or select the date by clicking the Calendar icon 2 16 33 Capturing Document Details You can capture the customer related documents in central content management repository through the Documents screen Click Documents button to invoke this screen ane ORACLE CSCDOCUP__CVS_MAIN__TAB_MAIN Documents Ee Advices Checklist Document Upload 1 Of1 se v Document Ca
43. age Step 9 Finance Application Details Upload In this final stage the finance and collateral are created Customer is also created if the applicant is a new customer Customer account is also created if information is captured for the same The system creates a Customer Finance Collateral Facility Account in Oracle FLEXCUBE with details captured from previous stages The creation of customer collateral and finance can be verified in ORDMRMCU screen ane ORACLE Step 10 Vendor Payment Stage In this stage you can make the payments to the vendors of all the underlying assets involved in the Murabaha in case asset is not from inventory and asset is marked as sold in case the asset is from inventory You can do this using Murabaha Vendor Payment Screen ORDMRVPD__CVS_MAIN Murabaha Vendor Payment H save dii Hold PaymentBy Contract Payment Reference Application Number Product Code al Payment Currency Application Date 2011 01 04 E3 Contract Reference Value Date Branch 0000 Total Amount Paid Status Vendor Payment v Fund id Single Vendor Settlement Details Transaction Code Vendor Code Suspense GL Vendor Payable Account Vendor Name f Vendor Payable GL Payment Mode Account Transfer Vendor Payment Details K Fee E VendorCode ContractReference AssetCode AssetCost DueAmount AmountPaid Settle PaymentMode SuspenseGL AccountNo Trar Previous Remarks R
44. ailable list Check External Black ORDMURKE Available Available Available list Check Underwriting ORDMURUD Available Available Available Finance ORDMURAR Available Available Available Approval Document Ver ORDMURDV Available Available Available ification Customer ORDM Available Available Available Account RMCU Facility Finance Col lateral Creation Vendor Pay ORDMRVPD _ Not Available ment Fixed Asset ORDMRFAS Not Available Sale Sale Confirma ORDMRSAC Not Available tion User Accept ORDMRUSA Not Available ance Disbursement of Murabaha Manual Liqui ORDMRPMT Not Available dation Asset Capture ORDMRPRO Not Available 2 68 ORACLE To acquire the next stage you need to go to the Task menu and select Assigned under Standard option ORACLE Branch 000 Date 2011 01 04 Session Time 00 48 24 Help Logged User DCO1 Sign Off ORDPRCMT mp Home Interactions Customer Workflow Tasks Preferences Search ad Assigned Quick Search Assigned Task List Page 1 Of 2 b pp Jumpto page Go i peters x Workflow Reference pales ou Title eee renee Priority Channel l9Inated status Comme Application Reference Name Date rors By i E Origination ye OvenSavingsAccounts975 Receive And 2013 09 02 Low Dashboard Verify 10 17 31 IST y RetallLendings015 Application 2013 09 02 Low erence Input 45 13 48 IST a ye RetaliLenaingso1e Application 2013 09 02 Low NEWAPP Input 15 18 41 IST ihi
45. amount to be paid for the insurance Insured Name Specify on whose name the insurance is taken Insurance Expiry Date Specify the date on which the insurance expires Specifying Evaluator Details Name Specify the name of the evaluator in this field Value Specify the evaluation value in this field Date Specify the date of evaluation in this field aoe ORACLE 2 16 31 2 16 32 Specifying Balance Details Outstanding Principal The outstanding principal on the finance contract for this property is displayed here Outstanding Profit The outstanding profit on the finance contract for this property is displayed here Vendor Type Select the vendor type from the drop down list The options available are e C Contractor e N Consultant e P Project Manager Chosen By Select by whom the property is chosen from the drop down list The options available are e B Bank e C Customer Code Select the vendor code from the options list available Name The name of the vendor is displayed here Account Value Specify the value of the account here Date Specify the date of the contract here Construction Start Date Specify the date on which the construction of the property started Proposed Completion Date Specify the proposed date of completion of the property Comments Tab In this tab you can specify comments if any related to the finance application ao ORACLE ORDMURAE__CVS_MAIN__TAB
46. application If you check this box based on the applicant credit score auto decision mapping maintained in Auto Decision screen the system decides whether to approve reject recommend approval or recommend rejection of the application If you do not check this box the system will not make an auto decision with regard to approval of the application You can set the status of this check box only during Application Entry stage External Credit Check Required Check this box to enable external credit bureau service for credit evaluation of the finance applicant 206 ORACLE If you check this box the system will automatically initiate external credit check If you do not check this box the system will not initiate external credit bureau check The credit check initiation happens before underwriting stage Applicant Details Type Select the type of the customer from the drop down list provided The following options are available e Primary e Co Applicant Existing Check this box to indicate if the customer applying for the finance is an existing customer of the bank Default On clicking the default button after specifying the customer number the system displays the existing customer number On clicking the default button without specifying the customer number the new customer number gets defaulted If the branch code is not specified then the application branch gets defaulted Local Branch Specify the
47. at the customer account is to be operated by the power of attorney holder Holder Name The person who has been given the power of attorney Address Specify the address of the power of attorney holder Country Specify the country of the power of attorney holder Nationality Specify the nationality of the power of attorney holder Telephone ISD Code Specify the international dialling code for the telephone number of the power of attorney holder The adjoining option list displays valid ISD codes maintained in the system Select the appropriate one Telephone Number Specify the telephone number of the power of attorney holder ate ORACLE 2 16 4 Account Details Account Branch Select the account branch from the adjoining option list Account Number The account number gets generated when you click on Default button after specifying the account class If the account branch is auto generation enabled then the account number gets auto generated Account Class Specify the account class or select the account class of the customer from the option list provided Click Default button to view the account generation details through Account Number Generation screen Customer Account Mask Customer No 000000103 Account Currency GBP Account Class ACC16 Account Currency Type O Account Code SAVI Account Mask bbbnnnnnnnnnn US Resident Status Permanent US Resident Status Check th
48. can be utilized by accounts and transactions in currencies other than the limit currency the limit utilization will be arrived at by using the mid rate for the currency pair as of that day Expected Limit Amount Enter the expected limit amount Collateral Amount The system displays the collateral amount here a ORACLE 2 16 10 Effective Line Amount Basis For defining drawing power of line the elements mentioned below are treated as the basis for the effective line amount calculation e Limit Amount Collateral Contribution e Maximum Credit Turnover Allowed e Minimum Limit Effective Line Amount The effective line amount basis will be validated for the following criteria e Effective line amount basis will be defaulted from the template e Effective line amount basis will be made as a mandatory field e Effective line amount basis will be allowed to change only before first authorization of line The Effective Limit Amount can be modified only before the first authorization of the Line Additional Line Amount Enter the effective line amount Pool Details Pool Code Specify the Pool Code here The pool code assigned to each collateral pool can be linked to a Liability while creating credit limits Pool Description Specify a brief description of the collateral pool here Pool Currency Specify the currency in which the Collateral Pool has to be maintained Pool Amount The entire Collateral Linked amount will be displayed
49. ccceccsceieeeeeetncteeeeeesnsneeeeeetnneeeenenae 2 58 2 16 17 Specifying Total Amount Details ecccecceeeeee cette eset tenneeeeeetnaeeeenenee 2 58 2 16 18 Specifying Insurance Details cccccecceeeceecteeeeetnneeeeeeetnneeeeeeetiaeeeeeneas 2 59 2 16 19 Specifying Balance Details 00 cccccccctceeeee tte ceeeeeeetnneeeeeeesneneeetetaeeeeentas 2 59 2 16 20 Equipment ASSC nescrise irienna i a e eana aE 2 59 2 16 21 Specifying Equipment DetailS sssessssrrnssrrnrrerrrrnnnrirnnnsnrerinnerennnnerrnnena 2 60 2 16 22 Specifying Seller Details 0 cccccecceececteeeeeeeecneeeeeesnneeeeeeesnneeeeeteniaeeeeenta 2 60 2 16 23 Specifying Balance Details cccccccccteeeeeeesneeeeeetnneeeeeeesnneeeeeeetnaeeeeeteaa 2 61 2 16 24 Specifying Evaluator Details 0 cccccccccsesseeceeeeeneeeeeeeesnneeeeeeeetaeeeeenenaas 2 61 2 16 25 Properly ASSot sriniire ian i iiia E iA E r Li AR E a EE AE RE ene ES 2 61 2 16 26 Capturing Property Details ccccccccceeceeceennteeeeeesnnneeeeeeeenaeeeeeeesaeteeesenaas 2 62 2 16 27 Specifying Vendor Details cccccccceccceceseseeeeceesnneeeeeeeeneeeeeeessaeeeeeeneaaes 2 64 2 16 28 Specifying Amount Detallls 000cccccceccceceeseeeeeeeenteeeeecesnneeeeeseeneeteeeenaaes 2 64 2 16 29 Specifying Insurance Details cccccccececeeceeeeeeeteneeeeeeesnneeeeeeetieeeeentae 2 64 2 16 30 Specifying Evaluator Details cccccecceeseeeeeeenneeeeeeesneeeeeeeeeaeeeeeneeaas 2 64 2 16
50. ct Acquired under Standard option in the Task menu All the tasks that have been successfully acquired are displayed in the right side of the screen Search for your workflow reference number and click the Workflow Ref No to open Murabaha Application Verification screen Step 2 Application Verification Stage The information captured in the previous stage is verified in the Application Verification stage Application verification is carried out by the user role CMROLE You can key in the finance application details required in Murabaha Application Verification screen apa ORACLE ORDMURAV__CVS_MAIN__TAB_CUSTOMER islamic Murabaha Application Verification H save lt Hold Application Category Leadid Application Number Product Code Enquiry ID User Reference Description Application Priority Low Application Branch 000 Application Status Application Entry Application Date 2011 01 04 TEN Details Financial Requested Limit Collateral Comments Channel KYC Required External Credit Check i Required Intermediary Group JAuto Decision Required i Applicant Details 10f1 Loe LE m Type Existing Local Branch Customer No Default ShortName Customer Name Nationalld Responsibility Liability RMID RM Name Country FirstName Account Details PRIR E Middle Name Account Branch Langage LastName Account Class SSN Salutation Mr Account Number Customer Categ
51. ct the currency from the option list provided Requested Amount Specify the finance amount requested by the prospective customer EMI Amount Specify the preferred EMI amount of the prospective customer Tenor in months Specify the preferred finance tenor in months of the prospective customer Rate Specify the preferred profit rate of the prospective customer Viewing Finance Prospect Summary You can view a summary of the prospective finance customers or the borrowers in Finance Prospect Details screen You can also query for a particular record based on desired search criteria You can invoke this screen by typing ORSLEADM in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Loan Prospect details Authorization Status Record Status Lead id lat Date of Enquiry Advanced Search Records per page 15 v 1 Of 1 Authorization Status Record Status Lead Id Date of Enquiry You can specify any of the following details to search for a record e Authorization Status e Record Status e Lead id a6 ORACLE 2 5 e Date of Enquiry Click Search button to search for a record based on the search criteria specified You can double click a desired record to view the detailed screen Maintaining Credit Rating Rules You can maintain a set of questions along with a possible set of answers with associated scores to assess the credit rating of a prospect
52. d criteria in the offer block If the offer fails to match then a new row is added which will take its value from the pricing ID 270 ORACLE 2 16 39 Hamish Jiddayah The system displays the calculated Hamish Jiddayah amount from the entry stage If the value is not given in the entry stage then the Hamish Jiddayah Amount gets calculated based on the Hamish Jiddayah Hamish Jiddayah The system captures the Hamish Jiddayah percentage value This value should not be a negative value However you can modify it Effective Date The system captures the effective date of user defined elements However you can modify it in the underwriting stage User Defined Element Values The system supports multiple User Defined Elements here based on the effective dates maintained UDE Id Select the User Defined Element Id from the adjoining option list Value Specify the UDE value Rate Code Select the rate code for UDE from the adjoining option list Code Usage Select the code usage from the adjoining drop down list Resolved Value The system defaults the system revised UDE value Intermediary System displays the intermediary details including the compensation percentage for each Intermediary based on the Inetrmediary group mainatined in Application Entry stage However you can modify it The payment schedules are derived based on the offer selected Note You can select only one finance offer in this screen
53. e Sequence Number The sequence number is automatically generated by the system Score Specify the score associated with a credit risk Grade Specify the credit grade based on the score obtained Specifying Auto Decision Details While creating finance you need to decide whether the applicant is eligible to receive finance from the bank Auto Decision feature in Oracle FLEXCUBE decides whether to approve or reject an application It also gives the stipulations or reasons for the decision ale ORACLE 2 6 To use this feature you need to maintain the Auto Decision details in Auto Decision screen Auto Decision 1011 Serial Number Score Credit Decision 1 10 AUTO REJECT 2 20 RECOMMEND REJECT x 3 30 RECOMMEND APPROVE y 4 40 AUTO APPROVE EJ Specify the following details Serial Number The system displays the serial number Score Specify the maximum credit score of the finance applicant for the system to make the corresponding auto decision The score is maintained based on the Risk Factor maintained in Rule details screen Auto Decision Specify the auto decision to be made for each credit score You can maintain the maximum credit scores for each of the following decisions e Auto Approved e Recommend Approval e Recommend Reject e Auto Rejected While creating finance based on the applicant s credit score and auto decision mapping maintained in here the system decid
54. e offers for pricing ID Offer Details 10f1 V Sequence Number ScoreFrom ScoreUpTo Rate Noofinstallments Frequency Units E2 1 Monthly Based on the score and the finance application category the system automatically applies a price ID to the application You can apply a different price ID that matches the application only at the Underwriting Stage Sequence Number The system displays the sequence number Score From Specify the minimum score range for the offer Score Up To Specify the maximum score range for the offer Rate Specify the loan rate for the loan No of Installments Specify the Number of Loan Installments Schedules Frequency Specify the Loan Schedule Frequency Units Specify the Loan Schedule Frequency Unit Basis Stages in Murabaha Finance Origination The different stages in Murabaha process flow are designed using Oracle BPEL framework The process of finance origination consists of several manual as well as system tasks carried 200 ORACLE out in a sequential manner Many users can be involved in the completion of a transaction and at each stage of the process a user or a group of users assigned with a task acquire and work on the relevant transaction Oracle Business rules that are embedded help the dynamic creation of multiple approval stages The different stages and sub stages in the process flow can be summarized as follows Application Entry the following detai
55. e system will trigger the disbursement of Murabaha based on the value date If the sale is rejected the system will display the asset detail capture detail Step 14 Manual Liquidation Stage 2 17 1 Manual Liquidation is possible only if disbursement is done ORDMRPMT__CVS_MAIN__TAB_PMNTDTLS ijarah Manual Liquidation H save si Hoid Application Number Application Date 2011 01 04 m Status Manual Liquidation v Account as Product Branch Code Customer Id Product Description Event Sequence Number aun neElE Penalty Rates Check List Value Date 2011 01 04 m Main Interest Rate Mudarabah Execution Date 2011 01 04 m H instaliment s Gross Profit Limit Date amp Populate Due Excess Profit Customer Incentive Bank Profit Payment Details 1011 Has Reversed Payment Mode Settlement Currency SettlementAmount Financing Currency Equivalent Original Exchange Rate Exchange R a F Account Ea Tia Component Details 10f1 1 5 m Component Name Currency Amount Due Adjustment Due Amount Overdue Amount Not Due Amount Waive T i m Fields Previous Remarks Remarks Audit If everything is found acceptable select the action PROCEED in the textbox adjoining the Audit button in this screen and the process is completed Otherwise the process displays the following screen Note This screen is id
56. ecify the following details related to the finance product here Product Code Specify the identification code of the finance product to be linked to the application category being maintained You can also select the product code from the option list provided draa ORACLE 2 13 2 Product Description The description associated with the selected finance product gets displayed here Default Check this box to indicate if the finance product selected should be maintained as the default product for the application category Other Details You can capture the additional details related to the finance product here Offer Id Specify a unique identification for the finance offer being made to the customer No of Installments Specify the number of instalments associated with the finance Units Select the units based on which the finance disbursement should be carried out The following options are available in the option list e Daily e Weekly e Monthly e Quarterly e Half Yearly e Yearly e Bullet Frequency Specify the frequency at which the finance disbursement should be carried out Rate Specify the profit rate to be associated with the finance Rate Code Specify the rate code used to derive the profit rate or select the rate code from the option list provided Spread Specify the spread that is applicable for the finance being offered Effective Rate The effective profit rate gets displayed here based o
57. ed for generating override messages Sequence Number The sequence number is automatically generated by the system Condition The condition specified using the Elements Functions Operators etc gets displayed here Error Code Specify the error code to be used to generate the override message or select the error code from the option list provided Error Parameter Specify the error parameter to be substituted in the override messages Elements Specify the data elements to be used to define the conditions for generating override messages or select the element from the option list provided Functions Select the mathematical function to be used to define the condition from the drop down list provided Braces Select the opening or the closing brace from the drop down list provided to define the conditions for generating override messages Operators Select the mathematical operator to be used to define the conditions for generating override messages You can select or f Logical Operators Select the logical operator to be used to define the conditions for generating override messages You can select lt gt lt gt gt lt AND or OR Viewing Override Summary You can view a summary of the overrides in Override Maintenance screen You can also query for a particular record based on desired search criteria You can invoke this screen by t
58. elect Acquired under Standard option in the Task menu All the tasks that have been successfully acquired are displayed in the right side of the screen Search for your workflow reference number and click the Workflow Ref No to open Murabaha Underwriting screen You can click Report button adjacent to credit rating record or credit bureau record to view the report obtained from the credit rating agency or the credit bureau The following reports can be viewed soa ORACLE Summary1 ORDMURUD__CVS_CRBREPORT__TAB_SUMMARY 1 Credit Bureau Report Application Number IslamicMurabahaAccou Customer No 000006150 Requested Id 1 Bureau Code Report Header Bureau Credit Report id First Name Report Date MiddleName Unique Id Last Name On File Date Birth Date C Best Match Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Life Recent Open Chapter Chapter Chapter Chapter11 Chapter11 Chapter11 Chapter13 Chapter13 Chapter13 Total Total Total 1 ESE Summary 2 ORDMURUD__CVS_CRBREPORT__TAB_SUMMARY2 Credit Bureau Report Application Number IslamicMurabahaAccou Customer No 000006150 Requested Id 1 Bureau Code Report Header Bureau Credit Report Id First Name Report Date MiddleName Unique Id Last Name On File Date Birth Date 0 Best Match Summary 1 Summary 2 Trade Line
59. emarks Audit You can indicate that whether the asset is in stock or not If asset is not in stock then the system will display the details of all vendors of the underlying asset If everything is found acceptable select the action PROCEED in the textbox adjoining the Audit button in this screen and save the record by clicking the Save icon in the tool bar The following screen will be displayed Step 11 Sale Confirmation Stage In this stage the sale confirmation of the underlying assets generate the Murabaha origination through Murabaha Sale Confirmation screen ORDMRSAC__CVS_MAIN Murabaha Sale Confirmation H save Hold Application Number Application Date 2011 01 04 Application Branch 000 Status Sale Confirmation Branch 000 Account Sale Date 2011 01 04 Remarks Previous Remarks Remarks Audit You can maintain the following details ae ORACLE Branch Code The system displays the branch code Account Number The system displays the account number Sale Date In this field the current application date will get defaulted Remarks You can specify the remarks for the sale confirmation This field is applicable only for the accounts under the product whose Sale Confirmation Required option is checked in the Preference screen If everything is found acceptable select the action PROCEED in the textbox adjoining the Audit button in this screen and save
60. emarks Remarks Audit Outcome E Specify the following details Pricing ID Based on the formula maintained in Pricing Maintenance screen the system automatically applies a price ID to the application However you can apply a different price ID that matches the application You can select a different price ID from the option list If you change a price ID selected by the system and reapply a different price ID the system changes the score of the pricing rule The score determines the price ID to be automatically applied Click Apply button to apply the selected price ID to the finance The details related to the finance offer like the number of installments finance branch frequency unit profit rate etc are displayed here Select the required offer by clicking the Check option and click then click the Apply button to apply the selected finance offer The details corresponding to the selected finance offer are displayed in Finance Details section You can modify these details if required and click Apply button to calcualte the schedule details The offers maintained at the category level is displayed in the multiple offers block The system compares the number of installments frequencies and unit with the value in the requested tab at application entry stage The rate in the offers block is compared with rate maintained in the pricing Id The system applies that offer which matches with the mentione
61. entical to the CI Payment Detailed screen of Oracle FLEXCUBE Refer the chapter titled Operations in the Islamic Financing User Manual for further details about the other fields in the screen Asset Capture Stage During Asset Capture stage the asset is moved to the inventory of the bank You will be navigated to the Asset Capture stage only if the outcome of Manual Liquidation is PROCEED Business validations are not done as part of this stage 2 101 ORACLE ORDMRPRO__CVS_MAIN__TAB_MAIN Murabaha Asset Capture H save i Hold Application Number Branch Product Code Product Description 000 Asset Details Depreciation Details inventory Details Category Location Location Description Fund Id Vendor Code Asset Currency Asset Cost Asset Description Application Date 2011 01 04 Contract Reference User Reference Source Reference Acquired Depreciation Residual Value Original Reference Status AssetCapture Version Number Status X Capitalization date Book Date Effective Depreciation Acquisition Date Depreciation Suspension _ Suspended Depreciation Suspension Date 4 m j Asset Details Adhoc Schedule Linkage Details Settlements Advices Charges MIS Fields Previous Remarks Remarks Audit eit ORACLE 3 Function ID Glossary O ORSCATMT oaeee 2 27 ORDOVDMT noiis 2 17 ORSDOCMT eee 2 23 ORDOVD
62. ere Sequence Number The sequence number is automatically generated by the system Condition The condition specified using the Elements Functions Operators etc gets displayed here Result Specify the result to be associated with the condition specified Elements Specify the data elements to be used to define the formula for pricing details or select the element from the option list provided Functions Select the mathematical function to be used to define the formula from the drop down list provided Braces Select the opening or the closing brace from the drop down list provided to define the pricing details formula Operators Select the mathematical operator to be used to define the pricing details formula You can 3 Ee kI select or 7 Logical Operators Select the logical operator to be used to define the pricing details formula You can select lt gt lt gt gt lt AND or OR daa ORACLE 2 16 Based on the formula and the finance application category the system automatically applies a price ID to the application You can apply a different price ID that matches the application only at the Underwriting Stage If you change a price ID selected by the system and reapply a different price ID the system changes the score of the pricing rule The score determines the price ID to be automatically applied Offer Click Offer button to define th
63. ers ai ORACLE ORDMURUD__CVS_MAIN__TAB_COMMENTS islamic Murabaha Underwriting Efisave lt i Hoid Application Category MURC14 Leadid Application Number IslamicMurabahaAccou Product Code AMRT Enquiry ID User Reference OOOAMRT1100400C Description Murabaha Amort Application Priority Low Application Branch 000 Application Status Underwriting Application Date 2011 01 04 Main Details Financial Requested Limit Collateral Credit Score Bureau Ratio Financing Component Charge Investigation Comments Comments 10f4 4 E SerialNo Comments CommentBy Comment Date Documents Multiple Asset KYC Review CustomerDedupe Finance Dedupe CustomerMIS CustomerAccountMIS Customer Account Fields Vehicle Evaluator Bureau Report Finance MIS Finance Fields Previous Remarks Remarks Audit ovo ES You can capture the following details Comments Specify comments if any to be associated with the finance application Comment By The system defaults the name of the commenter Comment Date Specify the date on which the comment was given or select the date by clicking the Calendar icon If the underwriting stage is successfully completed the underwriter can proceed with the processing of the application by selecting PROCEED as the Outcome The underwriter can select REJECT to return the process to previous stage for data correction or CANCEL to terminate the process
64. es whether to approve reject recommend approval or recommend rejection of the application Viewing Credit Rule Summary You can view a summary of the credit rules in Rule Maintenance screen You can also query for a particular record based on desired search criteria acts ORACLE 2 7 You can invoke this screen by typing ORSRULMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Rule Maintenance Authorization Status Record Status Rule Id Records per page 15 10f1 Authorization Status Record Status Rule Id Account Description You can specify any of the following details to search for a record e Authorization Status e Record Status e Rule ld Click Search button to search for a record based on the search criteria specified You can double click a desired record to view the detailed screen Maintaining Credit Ratios You can maintain the rules to calculate the credit ratios in Credit Ratio Maintenance screen You can invoke this screen by typing ORDRATMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Ji ORACLE 2 7 1 ORDRATMT__CVS_MAIN LMC Eligibility Ratio E New E3 Enter Query Group Id F New Route Description Type Retail T Ratio Id TOEI Ratio Id Description Formula Farris Maker Date Time
65. escription Application Branch Application Date Applicant Details Application Number User Reference Application Priority Low v Application Status Application Entry xj Type Primary X Local Branch Customer No Customer Name Main Details Financial Requested Limit EGEN Credit Score Bureau Ratio Financing Component Charge Investigation Comments Collateral Details Start Date End Date Revaluation Date Collateral Category Revision Date Collateral Type Normal Charge Type Mortage Linked Percent Utilization Order Linked Amount Commitment Product Haircut C Revaluate Collateral Collateral Branch Collateral Id Collateral Description Collateral Currency Collateral Value Haircut Schedule 10f1 Market Value Based Security Id Number Of Units Nominal Value Vehicle Details Effective Date Haircut Vehicle ID Cap Amount Guarantor Based Guarantor Id Rating Vehicle Number Year Make Model Body Usage Valuation Source None Valuation Status Not Required A Covenant Details 10f1 Covenant Name Due Date On Description Reversal Date Mandatory Monthly Grace Days Notice Days Frequency jal H J Documents Multiple Asset KYC Review CustomerDedupe Finance Dedupe CustomerMIS MIS Customer AccountFields Vehicle Evaluator Bureau Report Finance MIS Finance Fields Prev Remarks Remarks Audit
66. f there are none for the corresponding 19 ORACLE 2 16 35 vehicle it will try to obtain the details from the external agency and display them in the Vehicle Evaluator screen ORDMURUD__CVS_VEHEVALUATOR Vehicle Evaluator Vehicle Details Valuation Source INTERNAL Model Identification Number Body Year Usage Make Vehicle Valuations Wholesale Value Attribute Value Retail Value Total Value Usage Value Vehicle Attributes 100 anj E Attribute Description Attribute Code Attribute Value Package Included In this screen you can view the information available for the vehicle based on the information provided by you If the information in this screen matches the details available in the system database for the same vehicle the status is updated to COMPLETED in the collateral tab If it does not match then the status is updated to NO DATA Once the verification is completed you can select the Outcome as PROCEED and move to the next stage Note For more details on capturing Collateral details refer the chapter titled Maintaining Collat eral Details in Enterprise Limits and Collateral Management user manual Credit Score Tab The credit score tab is used to calculate the credit score details of the customer You can also interface with external Credit engines and display recommendations and report Internal Credit engine obtains information from customer and calcu
67. g Details er e a A EEE EA EEE 2 27 2 16 Stages in Murabaha Finance Origination 0 cecccceeeeeeeeeeeeeeeeceeeeeeeenteeeeeeenaaees 2 30 2 16 1 Process Flow Diagram cc ccseccccccecesensececcnesseetecnnnetdessenenssedtesenensdensnsessiedenss 2 32 2 16 2 Process Matrix soc cccnies capstan ernie fed Aa reii AEAEE AAE Ea Kis iE A iene 2 33 2103 MAUD TAD aeia aie ERAI A EEREN a AARAA eA O AAE Er E te aiei AA A 2 38 2 16 4 Capturing Customer MIS s ssseeseesrrrrreerrrrnrrrnnnrnrrrrnnnrrannnnenerrnnnrrnnnnneeenn 2 43 2 16 5 Capturing Customer Account MIS ssssssseeiissseeeennneennnnreeerennneernnnneeeen 2 44 210 0 Details Tab orrea EEA E RT E E E A E ET EEN 2 44 216 7 Financials Tab eeirioirninieraiicoiiriiir akii a E E a i E i paa ii 2 45 2 16 8 R g st d Tab arrei e ete aa a raea aeaee a eed 2 48 216 9 HIMUS aD eines add nell mol asia 2 50 2 16 10 Collaterals ab cisn teehee a en epee ae 2 52 216511 Veici ASSE lran a AA ison eisds age eds eee eae 2 55 2 16 12 Capturing Vehicle Information cece ett teee ee tnnne eee eetnnteeeeeettaeeeenttae 2 56 2 16 13 Specifying Registration Details 0 cccccccccccseeeeeeenteeeeeeesnneeeeetetnaeeeeeneas 2 57 2 16 14 Specifying Vendor Details cccccccceecceessteeeecesenseeeeceeeneeeeseesiaeeteeeseaaes 2 58 2 16 15 Specifying Amount Detalls 0 c ccccceecceesesseeeeeeensneeeeceenneeeeeeeeneeeeseeeaaes 2 58 2 16 16 Specifying Appraiser Detallls c cccccc
68. h Date Best Match Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Inquiries 10f1 gt bi Inquirer Name Inquirer Subscriber Inquirer Industry Code Inquiry Date Rate Shopping Duplicate cS Also Known As ORDMURUD__CVS_CRBREPORT__TAB_AKA Credit Bureau Report Application Number IslamicMurabahaAccou Customer No 000006150 Requested Id 1 Bureau Code Report Header Bureau Credit Report Id First Name Report Date MiddleName Unique Id Last Name On File Date Birth Date Best Match Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Also Known As 10f1 L FirstName MI LastName Suffix Spouse FirstName i 2 86 ORACLE Consumer Statements Credit Bureau Report Application Number IslamicMurabahaAccou Customer No 000006150 Requested Id 1 Bureau Code Report Header Bureau Credit Report Id First Name Report Date MiddleName Unique Id Last Name On File Date Birth Date Best Match summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Consumer Statement 10f1 F Reported Date Text
69. her features supported in Oracle FLEXCUBE Audience This manual is intended for the following User User Roles Role Function Corporate Customer Service Collection of applications Executive Trade Finance Executive Updation of details of contracts Trade Finance Manager Verification and authorization of contracts Compliance Executive Performance of compliance details of all parties in a contract Compliance Manager Verification of compliance check carried out by Compliance Executive Documentation Accessibility For information about Oracle s commitment to accessibility visit the Oracle Accessibility Program website at http Awww oracle com pls topic lookup ctx acc amp id docacc Abbreviations The following abbreviations are used in this User Manual Abbreviation Description BPEL Business Process Execution Lan guage WF Workflow Organization This manual is organized into the following chapters About this Manual gives information on the intended audience It also lists Chapter 1 IE the various chapters covered in this User Manual Murabaha creation explains the workflow of Murabaha finance and pro Chapter 2 ia f cess of maintaining the prospective applicant details 1 1 ORACLE 1 6 1 7 Chapter 3 Function ID Glossary has alphabetical listing of Function Screen ID s used in the module with page references for quick navigati
70. ication Status The following statuses are available e Required e Pending e Completed e Not Required e Not Available The evaluation will be done only if the external agency has been specified and the Recommended field has the value Recommended status is RECOMMENDED For any other combination of values for the two fields the system will display an error message and will not proceed with the evaluation till the values are set as specified above After entering the required details select VERIFY as the Outcome and click Save If you have indicated that evaluation should be done you will not be allowed to select PROCEED or CANCEL as the Outcome till the verification has been successfully done The system will display a message stating that the task is successfully completed on saving the record To acquire the next stage you need to go to the Task menu and select Assigned under Standard option All tasks that have been successfully completed are listed in the right side of the screen Select the checkbox against your Workflow Ref No and click Acquire button at the top of the screen to acquire the next stage of the task which will be the underwriting stage again The system displays the information message as xxx Acquire Successful on successful acquisition of the task Click Ok to proceed to the next stage To select the acquired task for the next stage s
71. ich the invoice was created Invoice Number Specify the invoice number here 2 16 23 Specifying Balance Details Outstanding Principal The outstanding principal on the account for this equipment is displayed here Outstanding Profit The outstanding profit on the account for this equipment is displayed here 2 16 24 Specifying Evaluator Details Name Specify the name of the evaluator here Value Specify the evaluated value of the equipment Date Specify the date of evaluation 2 16 25 Property Asset Click Home Asset button Murabaha Application Entry screen to invoke Home Asset screen ORCISLPA__CVS_MAIN Equipment Asset Application Number Equipment Details 4 100f01 gt Equipment Location Street Area City Country Hamish Jiddayah Asset Finance Amount Asset Sequence Number Asset Status Active Owner Engine Number Description Currency Seller Balance Details Vendor Code Outstanding Principal Sell Date Invoice Number Invoice Date Equipment Evaluation Details 1010 Evaluator Name Evaluator Value Evaluator date Here you can capture the following details Account Number The account number is defaulted from the Account Details Main screen son ORACLE 2 16 26 Asset Sequence Number The system generates a sequence number for the asset and displays it here Status The status of the asset is displayed here The statuses available are
72. ification a message stating that the task is successfully completed gets displayed To acquire the next stage you need to go to the Task menu and select Assigned under Standard option All tasks that have been successfully completed are listed in the right side of the screen Select the checkbox against your Workflow Ref No and click Acquire button at the top of the screen to acquire the next stage of the task The system displays the information message as xxx Acquire Successful on successful acquisition of the task 210 ORACLE Step 3 Application Management Verification Stage The information captured in the previous stage is verified for the second time and for second level approval in the Application management Verification stage Application verification is carried out by the user role CMROLE You can key in the finance application details required in Murabaha Application Management Verification screen ORDMURMV__CVS_MAIN__TAB_CUSTOMER Islamic Murabaha Management Verification X H Save M Hold Application Category Product Code Description Channel Intermediary Group Applicant Details 10f1 Application Branch 000 Application Date 2011 01 04 Lead Id Enquiry ID DEIJ Details Financial Requested Limit Collateral Comments KYC Required oO Auto Decision Required im Type Existing Local Branch Customer No Default Short Name Customer Name Natio
73. ility Branch 000 ba Line Branch 000 P Pool Amount Liability Currency GBP a Line Currency GBP a Pool Utilized Overall Limit Limit Amount Collateral Amount Effective Line Amount Limit Collateral Basis Effective Line Amount Documents Multiple Asset CustomerDedupe Finance Dedupe CustomerMIS CustomerAccountMIS Customer Account Fields Previous Remarks Audit Outcome You can specify the following details here Liability Details Liability Number Specify the Liability Number If the Liability Number is customer group then all customers under this group should have same Liability Number Liability Name Specify the Liability Name here A maximum of 35 characters are allowed in this field aan ORACLE Liability Branch Specify the branch in which liability is associated Liability Currency Specify the currency with which the liability is associated This cannot be changed post authorization Overall Limit Specify the overall limit amount for that liability Value entered in the field will be in the currency stated above If liability is of customer group then overall limits stated will be common to all the customers Line Details Line Code Specify the Line Code to which the liability ID is to be associated with Allocating credit limits for the Line Liability combination can be done The customer s who fall under this Liability Code will in turn avail credit facilities under this
74. ired ORDMURUD__CVS_MAIN__TAB_LOANS islamic Murabaha Underwriting x H save iy Hoid Application Category MURC14 Leadid Application Number IslamicMurabahaAccou i Product Code AMRT Enquiry ID User Reference OOOAMRT1100400C Description Murabaha Amort Default Application Priority Low Application Branch 000 Application Status Underwriting Application Date 2011 01 04 Main Details Financial Requested Limit Collateral CreditScore Bureau Ratio Financing Component Charge Investigation Comments Pricing Pricing ID Multiple Offers 10f1 4 5 m Offer Id No ofinstallments Frequency Unit Rate Rate Code Check Apply m1 12 1 Monthly 12 Financing Details Branch 000 Value Date 2011 01 04 No ofinstallments 12 Account Number Maturity Date Frequency 1 Financing Currency GBP Installment Start Date Unit Daily Financing Amount 25 000 00 Status Change Mode Auto Hamish Jiddayah Close Collateral Hamish Jiddayah End Construction Date Effective Date User Defined Element Values Intermediary 10f1 1 0f41 ES 10f1 35 E Effective Date P E User Defined Elementid User Defined Elemer E Intermediary Code Intermediary Ratio z lt B TE pere Documents Multiple Asset KYC Review CustomerDedupe Finance Dedupe Customer MIS Customer Account MIS Customer AccountFields Vehicle Evaluator Bureau Report Finance MIS Finance Fields Previous R
75. is box to indicate that the corresponding director is a permanent US resident Visited US in last 3 years Check this box to indicate that the beneficial owner has visited US in the last three years Capturing Customer MIS You can capture the MIS details for the customer if any by clicking MIS button in the Application Entry screen ane ORACLE The Customer MIS screen gets displayed where you can maintain the MIS details Customer MIS Application Number IslamicMurabahaAccou MIS Group Default From MIS Group Customer MIS Customer MIS Classes 1 Of 1 MIS Class MIS Code Customer No 00006655 Local Branch 000 Link to Group ChangeLog TransferLog 2 16 5 Capturing Customer Account MIS You can capture the MIS details for the Customer Accounts by clicking Customer Account MIS button in the Application Entry Screen The Customer Account MIS screen gets displayed where you can maintain the MIS details Customer Account MIS Application Number IslamicMurabahaAccou Customer 00006655 Branch Code 000 Account Account Class Currency GBP Transaction MIS Transaction MIS 1 Transaction MIS 2 Transaction MIS 3 Transaction MIS 4 Transaction MIS 5 Transaction MIS 6 Transaction MIS 7 Transaction MIS 8 ia fi NEUE Calc Method Rate Code Rate Type Refe
76. ive finance customer You can also calculate the risk factor associated with the finance and arrive at a credit grade based on the scores obtained You can maintain these details in Rule Details screen You can invoke this screen by typing ORDRULMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button ORDRULMT__CVS_MAIN__TAB_ MAIN Rule Maintenance New amp Enter Query Rule Id New Route Account Description Type Retail WET Risk Factor Question Details 10f1 Question Id Category Question Answer Details 10f1 Sequence Number Possible Answer Score Rating Auto Decision Maker Date Time Checker Date Time Mod No Record Status Authorization Status You can specify the following details in this screen Rule Id Specify a unique identification for the credit rating rule Description Specify a suitable description for the credit rating rule Type Select the type of the finance from the following options available e Retail e Corporate 2 9 ORACLE 2 5 1 2 5 2 Main Tab You can maintain the following details in this tab Question Details Question Id The question Id is automatically generated by the system Category Select the category to which the question belongs from the option list provided Question Specify the question to be asked to the prospective custo
77. lates credit score and displays system recommendation 260 ORACLE 2 16 36 ORDMURUD__CVS_MAIN__TAB_CRDSCR Islamic Murabaha Underwriting FL New E3 Enter Query Workflow Reference Priority Low X Application Category Lead Id Application Number Product Code Enquiry ID User Reference C Description Application Priority Low xj Application Branch Application Status Application Entry g Application Date Applicant Details Type Primary X Local Branch Customer No Customer Name Main Details Financial Requested Limit Collateral Keci Bureau Ratio Financing Component Charge Investigation Comments Internal Credit Rating Rule Id 1 Of 1 Grade Category Question Answer s Score Risk Factor Details 10f1 Risk Factor Description Score a Documents Multiple Asset KYC Review CustomerDedupe Finance Dedupe Customer MIS MIS Customer AccountFields Vehicle Evaluator Bureau Report Finance MIS Finance Fields Prev Remarks Remarks Audit Outcome zz ext The set of questions used to assess the credit rating of a prospective finance customer associated Rule Id are displayed in this screen You can specify the following details here System defaults the Category and Question as maintained in the Rule You can select the Answer from the option list Click Calculate button to calculate the credit score and the grade based on the formula mai
78. le Number Corporate Details Nationality Fax ISD Code FE Date EA Telephone ISD Code Pe Fax Capital Telephone Number m oe Net Worth US Resident Status assport Number e Business Description fe i Passport Issue Date E Chunky FE Visited US in last 3 years Passport Expiry Date E Permanent US Resident lt m Es Documents Multiple Asset Customer Dedupe Finance Dedupe Customer MIS Customer Account MIS Customer Account Fields Previous Remarks Remarks Audit The Application Number is automatically generated by the system You can capture the following details in the main screen Application Category Specify the finance application category to be used or select the application category from the option list provided Product Code Specify the Murabaha product to be used for initiating the finance or select the product code from the option list provided Branch Code The system displays the branch code here Lead ID Specify the lead Id of the finance applicant or select the lead Id from the option list provided Enquiry ID Specify an enquiry Id if you wish to retrieve information on the finance offer selected by the customer You can also select the ID from the adjoining option list The list contains all the Enquiry IDs created for the customer as part of the finance simulation process Application Branch Specify the application branch ta ORACLE 2 16 3 Application Number System displays the applicati
79. lick Save If you have indicated that evaluation should be done you will not be allowed to select PROCEED or CANCEL as the Outcome till the verification has been successfully done The system will display a message stating that the task is successfully completed on saving the record To acquire the next stage you need to go to the Task menu and select Assigned under Standard option All tasks that have been successfully completed are listed in the right side of the screen Select the checkbox against your Workflow Ref No and click Acquire button at the top of the screen to acquire the next stage of the task The system displays the information message as xxx Acquire Successful on successful acquisition of the task Click Ok to proceed to the next stage which will again be the underwriting stage To select the acquired task for the next stage select Acquired under Standard option in the Task menu All the tasks that have been successfully acquired are displayed in the right side of the screen Search for your workflow reference number and click the Workflow Ref No to open Murabaha Finance Underwriting Stage screen The system will invoke the external valuation agency for vehicle evaluation You can view the details in the collateral tab In the collateral tab click the Evaluate button The system will check for the data within the FLEXCUBE database I
80. llateral amount which has to be linked to the pool Haircut Specify the bank s margin Haircut to be assigned for Collateral Haircut applied by the system as per the Haircut schedule would be displayed here Revaluate Collateral Check this box to revaluate the collateral Revaluation Date Specify the date on which the next revaluation has to be done Revision Date Specify the date on which this collateral has to be revisited for review Charge Type Select the charge type from the adjoining drop down list e Lien e Pledge e Hypothecation e Mortgage e Assignment e This is only for information and not for processing Utilization Order Specify the utilization order Commitment Product Select the product code from the adjoining option list to be used for creating the commitment contract Market Value Based Security ID Select the security id from the option list Number of units Nominal value Specify the number of units Cap Amount Specify the cap amount ant ORACLE Guarantor Based Guarantor ID Select the Guarantor Id from the option list Rating The system displays the rating Vehicle Details You can capture the details of the vehicle which is to be evaluated in the following fields Identification Number Enter the unique identification number associated with the vehicle Year Specify the year of manufacture for the vehicle Make Specify the make of the vehicle Model Specif
81. ls are captured in this stage Applicant Information Application details Requested Finance Details Collateral Details Checklist Documents Advice Generation Application Verification Information captured during Application Entry stage is verified Advice Generation Application Management Verification Information captured in the application verification stage is verified for the second time Internal Blacklist Check Information against Internal blacklist of customers is verified KYC Review External Blacklist Check Information against external blacklist of customers is verified KYC Review Underwriting Collateral Valuation Information Applicant Financial Ratios Applicant Credit Score Applicant Bureau Report Finance Offers Finance Schedules FINANCE Charges Field Investigation Document Capture Finance Approval Information captured during Previous stages are verified Advice Generation Document Verification Information captured during Previous stages are verified All documents obtained are verified against checklist Customer Customer Account Contract Collateral Creation Customer Creation e ORACLE 2 16 1 Customer Account Creation Finance Account Creation Collateral Creation Vendor Payment Sale Confirmation User Acceptance Disbursement of Murabaha Manual Liquidation
82. me of the ORDMRUAC ACCEPT 12 ance User acceptance on REJECT sale confirmation of the underlying assets triggers the Murabaha origina tion in the next stage 13 Disburse If outcome of stage N A 13 ment of 13 is ACCEPT the Murabaha disbursement of Murabaha for the underlying asset happens 14 Manual Liq If outcome of stage ORDMRPMT PRO 14 uidation 13 is REJECT the CEED manual liquidation CANCEL happens 15 Move to Next stage of Man ORDMR PRO 15 Stock or Add ual Liquidation is PRO CEED to Inventory Asset Capture CANCEL The stages are explained in detail in the sections that follow Step 1 Finance Application Details Entry Stage In this stage the bank receives an application for a finance along with the relevant documents and financial statements from a prospective customer If the applicant does not have an account but intends to open one the bank also obtains the account opening form and related documents as part of this activity The details related to the applicant contact information employment information requested finance details collateral details etc are captured during this stage Documents obtained from the applicant are uploaded and advices maintained for the stage are generated by the process after completion of the stage Users belonging to user role CEROLE are authorized to perform these tasks You can key in the finance application details required in Murabaha Application Entry
83. mer to derive the credit rating score Answer Details Sequence Number The sequence number is automatically generated by the system Possible Answer Specify a set of possible answers to be associated with a question Score Specify the score associated with an answer Risk Factor Tab You can specify the risk details associated with the finance and also indicate the formula for calculating the credit score in this tab ORDRULMT__CVS_MAIN__TAB_RULE Rule Maintenance EX New amp Enter Query Rule Id F New Route Account Description Type Retail v Risk Factor 1 Of 1 Risk Id Account Description Formula Farris Rating Auto Decision ELCs Date Time Checker Date Time Mod No Record Status Authorization Status You can specify the following details here 210 ORACLE 2 5 2 1 Risk Id Specify a unique identifier for the credit risk being maintained Description Specify a suitable description for the credit risk Specifying Formula Details You can specify the formula to calculate the credit score by clicking the Formula button corresponding to a credit risk entry in Risk Factor tab The Formula screen is displayed where you can specify the condition for calculating the credit score associated with a risk condition ORDRULMT__CVS_FORMULA 1 Of1 E Sequence Number Condition Result a Elements Index Functions Braces O
84. n the profit and the spread specified Default Check this box to indicate if the finance offer specified should be maintained as the default offer for the application category Agency Tab In Agency tab you can capture the details of the credit rating agencies and credit bureaus that provide credit rating details for customer securities ii ORACLE 2 14 ORDCATMT__CVS_MAIN__TAB_AGENCY Application Category Maintenance Detail X E New Enter query Application Category Application Type Retail Category Description Rule Id Ratio Id Pricing Group Main Agency Credit Agency 101 E E Agency Code Agency Name Bureau Details 10f1 gt fil E Bureau Code Bureau Call Priority Date Time Mod No Record Status Date Time Authorization Status You can specify the following details in this screen Credit Agency You can capture the details related to the credit rating agencies here Agency Code Specify the identification code of the rating agency that provides credit rating details for customer securities Agency Name Specify the name of the rating agency that provides credit rating details for customer securities Bureau Details You can capture the details related to the credit bureau here Bureau Code Specify the identification code of the credit bureau that provides credit ratings for customer securities Bureau Specify the name of the credit bureau that provide
85. nal dialling code for the mobile number of the customer The adjoining option list displays valid ISD codes maintained in the system Select the appropriate one Mobile Number Specify the mobile number of the customer Telephone ISD Code Specify a valid international dialling code for the telephone number of the customer The adjoining option list displays valid ISD codes maintained in the system Select the appropriate one Landline Number Specify the landline number of the customer E mail Specify the E mail address of this customer Fax ISD Code Specify the international dialling code for the fax number of the customer The adjoining option list displays valid ISD codes maintained in the system Select the appropriate one Fax Specify the fax number of the customer Retail First Name Specify the First name of the customer Middle Name Specify the Middle name of the customer Last Name Specify the Last name of the customer i ORACLE Salutation Select the salutations of customer from the drop down list provided The following options are available e Mr e Mrs e Miss e Dr Gender Select the gender of the customer from the drop down list provided The following options are available e Male e Female Birth Place Specify the birth place of the customer Birth Country Specify the birth country of the customer It is mandatory to specify the birth country if FATCA Applicable is enabled at
86. nalld Application Number User Reference Application Priority Application Status Responsibility Liability ows 7 Application Entry External Credit Check Required Ez RMID RMName n Country Nationality Language SSN Customer Category Financial Currency Group Code Home Phone ISD Home Phone Work Phone ISD Work Phone Mobile ISD Code Mobile Number FaxISD Code Fax Email Passport Number First Name Middle Name Last Name Salutation Mr X Gender Male Place of Birth Birth Country Date of Birth Mothers Maiden Name _ Marital Status Married Dependents Corporate Details Date Capital Net Worth Business Description Account Details Account Branch Account Class Account Number Power of Attorney Holder Name Address Country Nationality Telephone ISD Code Telephone Number US Resident Status Issued Visited IIS in lact 3 vaare m m Documents Multiple Asset Customer Dedupe Finance Dedupe Customer MIS Customer Account MIS Customer Account Fields Previous Remarks Remarks Audit The details related to the finance application entry are displayed in this screen which can be verified by the verifier The details cannot be modified in this stage but comments can be added appropriately On completion of this stage the advices that are maintained for the stage are generated The verifier can either send the applicati
87. nce number and click the Workflow Ref No to open Murabaha Document Verification screen If you have checked the option Auto Decision Required during Application Entry stage the based on the applicant credit score auto decision mapping maintained in Auto Decision screen the system decides whether to approve the finance or not The system makes one of the following decisions in that case e Auto Approved e Recommend Approval e Recommend Reject e Auto Rejected If the auto decision made by the system is Auto Approval you can skip the finance approval stage If the auto decision made by the system is Recommend Approval or Recommend Reject you need to manually verify and confirm the decision at this stage If the auto decision made by the system is Auto Reject then the application moves back to the application entry stage If any price group is associated with the application category then the system will apply auto pricing after proceeding the Application Entry stage by considering the default Price ID linked to the pricing group Further based on the selected finance offer the finance is applied and schedules are defaulted However at underwriting stage the underwriter may proceed or re apply the finance by selecting a different finance offer Any advices maintained for this stage are generated after the completion of the stage Message Generation In this stage gene
88. ncipal The outstanding principal on the account for this vehicle is displayed here Outstanding Profit The outstanding profit on the account for this vehicle is displayed here Equipment Asset Click Equipment Asset button Murabaha Application Entry screen to invoke Equipment Asset screen ORCISLEA__CVS_MAIN Equipment Asset a Application Number Equipment Details 4 1001 gt Equipment Location Street Asset Sequence Number Area Asset Status Active City a Country Eaa AE Hamish Jiddayah eae Asset Finance Amount Currency Seller Balance Details Vendor Code Outstanding Principal Sell Date Invoice Number Invoice Date Equipment Evaluation Details 1010 E Evaluator Name Evaluator Value Evaluator date o Oo Here you can capture the following details Account Number The account number is defaulted from the Account Details Main screen Asset Sequence Number The system generates a sequence number for the asset and displays it here sla ORACLE 2 16 21 2 16 22 Status The status of the asset is displayed here The statuses available are Active and Settled During account initiation the status will be Active Once the prepayment of the asset begins the asset will be completely settled Then the status will change to Settled An asset can only be completely settled No partial payment is allowed Specifying Equipment Details Engine Number Specify
89. nt Branch Language Last Name Account Class SSN Salutation Mr Account Number Customer Category Gender maie eee Place of Birth Power of Attorney Home Phone ISD ka SN Issued Date of Birth Home Phone Mothers Maiden Name Holder Name Work Phone ISD Marital Status Mame r Address Work Phone Mobile ISD Code CEPOUN Country Mobile Number Corporate Details Nationality FaxISD Code Date Telephone ISD Code Fax Capital Telephone Number Email Net Worth US Resident Status a Pap di Business Description Visited LIS in last 2 ears n y ti Documents Multiple Asset KYC Review CustomerDedupe Finance Dedupe CustomerMIS Customer Account MIS Customer AccountFields s Previous Remarks Remarks Audit The verifier can choose to send the application back to the previous stage if the information provided is not adequate or choose to cancel it if the information captured is not satisfactory If the applicant application and document details are verified successfully the verifier can proceed with the processing of the application by selecting PROCEED as the Outcome The verifier can select RETURN to return the process to underwriting stage for data correction or CANCEL to terminate the process On successful completion a message stating that the task is successfully completed gets displayed The customer customer account collateral etc are created in the system on completion of the Document verification st
90. ntained for calculating the credit score The Grade and the Score are displayed based on this calculation Bureau Tab You can interface with external credit bureaus and view report obtained from them in Bureau tab Based on the reports that are obtained from the external bureaus the underwriter determines whether to approve the finance to the customer or not ae ORACLE ORDMURUD__CVS_MAIN__TAB_ BUREAU islamic Murabaha Underwriting E New amp Enter Query Workflow Reference Priority Low Application Category Leadid Application Number Product Code Enquiry ID User Reference Description Application Priority Low Application Branch Application Status Application Entry v Application Date Loau Applicant Details Type Primary v Local Branch Customer No Customer Name Main Details Financial Requested Limit Collateral Credit Score Ratio Financing Component Charge Investigation Comments External Credit Rating 10f1 Recommended Not Recommended Request ID 4 Status NotRequired External Agency Remarks Score Documents Multiple Asset KYC Review CustomerDedupe Finance Dedupe Customer MIS MIS Customer AccountFields Vehicle Evaluator Bureau Report Finance MIS Finance Fields Prev Remarks Remarks Audit In the application entry stage if the external credit required flag is checked the bureau report gets generated in the underwriting stage
91. ntenance screen are listed for you to select Vendor Name Once the Vendor code is selected the corresponding vendor name is defaulted here Agent Sales Staff Name Specify the name of the agent sales staff Agent Name Specify the name of the agent Agent Branch Specify the agent branch Specifying Amount Details Currency Specify the currency of the account Requested Amount Specify the amount requested to be financed Amt Financed Appraised Value Specify the percentage of amount financed that is appraised Specifying Appraiser Details Appraiser Name Specify the name of the appraiser here Appraised Value Specify the value appraised Appraisal Date Specify the date on which the appraisal was done Specifying Total Amount Details Downpayment Specify the amount paid as down payment Vehicle Value Specify the value of the vehicle Maintenance Cost Specify the maintenance cost of the vehicle Insurance Amount Specify the insurance amount for the vehicle Asset Finance Amount Specify the amount financed for the asset line ORACLE 2 16 18 2 16 19 2 16 20 Specifying Insurance Details Insured By Bank Check this box to indicate that the asset is insured by the bank Insurance Company Select the name of the company through which the assets is insured Premium Amount Specify the premium amount to be paid for the insurance Specifying Balance Details Outstanding Pri
92. ntly dangerous applications including applications that may create a risk of personal injury If you use this software or hardware in dangerous applications then you shall be responsible to take all appropriate failsafe backup redundancy and other measures to ensure its safe use Oracle Corporation and its affiliates disclaim any liability for any damages caused by use of this software or hardware in dangerous applications This software and related documentation are provided under a license agreement containing restrictions on use and disclosure and are protected by intellectual property laws Except as expressly permitted in your license agreement or allowed by law you may not use copy reproduce translate broadcast modify license transmit distribute exhibit perform publish or display any part in any form or by any means Reverse engineering disassembly or decompilation of this software unless required by law for interoperability is prohibited The information contained herein is subject to change without notice and is not warranted to be error free If you find any errors please report them to us in writing This software or hardware and documentation may provide access to or information on content products and services from third parties Oracle Corporation and its affiliates are not responsible for and expressly disclaim all warranties of any kind with respect to third party content products and services Oracle Corporation and
93. ny Premium Amount Balance Details Outstanding Asset Amount The account number is defaulted from the Account Details Main screen Asset Sequence Number The system generates a sequence number for the asset and displays it here Status The status of the asset is displayed here The statuses available are Active and Settled During account initiation the status will be Active Once the prepayment of the asset begins the asset will be completely settled Then the status will change to Settled An asset can only be completely settled No partial payment is allowed Capturing Vehicle Information Asset Type Select the type of asset from the drop down list The options available are e New New Asset e Used Used Asset Asset Category Select the category to which the asset belongs from the option list This list displays all options maintained using the Limits Type Maintenance screen Application Number Specify the application number for the asset here Color Specify the color of the vehicle Class Specify the class of the vehicle ae ORACLE 2 16 13 Number of Cylinder Specify the number of cylinders for the vehicle This has to be a numeric value Vehicle Condition Describe the condition of the vehicle Vehicle Description Enter a description for the vehicle For example Car Van etc Make Select the code indicating the make of the vehicle from the option list
94. on Related Documents e Procedures User Manual Glossary of Icons This User Manual may refer to all or some of the following icons Icons Function Xx Exit Add row Delete row a Option List ORACLE 2 1 2 2 2 Murabaha Origination Introduction The process of Murabaha finance origination gets initiated when a prospective customer approaches the bank with a finance account opening request or when the bank approaches a prospective customer taking lead from its database In case of a bank initiated request the process moves forward only if the prospective customer is interested The entire process is carried out in multiple stages and on successful completion of each stage it moves automatically to the next stage When the customer approaches the bank for its products and offers before initiating the finance origination process the bank can create a mock proposal which would have the personal details of the customer the finance offers the customer is interested in as well as the schedules associated with the finance offer This can be stored as reference in the system to be retrieved when the actual finance process flow is initiated Stages in Murabaha Murabaha process flow uses Oracle BPEL framework with multiple human tasks for workflow stages The capture and enrichment of information in multiple steps can be dynamically assigned to different user roles so
95. on back to the previous stage if the information provided is not adequate or can cancel it if the information captured is not satisfactory If the application details are verified successfully the verifier can proceed with the processing of the application by selecting PROCEED as the Outcome The verifier can select REJECT to return the process to previous stage for data correction or CANCEL to terminate the process On successful verification a message stating that the task is successfully completed gets displayed al ORACLE To acquire the next stage you need to go to the Task menu and select Assigned under Standard option All tasks that have been successfully completed are listed in the right side of the screen Select the checkbox against your Workflow Ref No and click Acquire button at the top of the screen to acquire the next stage of the task The system displays the information message as xxx Acquire Successful on successful acquisition of the task Step 4 Internal Blacklist Check Stage The information against Internal KYC and SDN checks are verified in Internal blacklist check stage Only users belonging to the CEROLE Compliance Executive can perform this task If you have requisite rights acquire it from the list by clicking the Acquire button adjoining the desired task The following screen will be displayed The task will be moved to the Assigned
96. on number of the customer User Reference Number Specify the user reference number for the finance application Priority Select the type of priority from the drop down list provided The following options are available e Low e Medium e High Status The status of the application gets displayed here Click Default button to default the details related corresponding to the prospective finance customer Main Tab The details corresponding to the lead Id selected gets displayed in the Main tab once you click the Default button You can modify these details if needed Channel Specify the channel Id for the finance The adjoining option list displays all valid channels maintained in the system You can select the appropriate one Intermediary Group Specify the intermediary group The adjoining option list displays all valid intermediary group maintained in the system You can select the appropriate one KYC Required Check this box to indicate the KYC check is required for the customer If you check this box the system will evaluate a business rule Based on that rule the system initiates both Internal KYC and External KYC or both during application entry and verification stage If you do not check this box the system then skips the Internal KYC and External KYC stages after completing the application entry and verification stages Auto Decision Required Check this box to enable auto decision on finance
97. or the prospective finance customer Request ID The system generates the request ID Channel Specify the channel Promotion Code Specify the promotion code if any la ORACLE 2 3 1 Branch Specify the branch code in which the application is processed Date of Request The system displays the current system date as the date of request New Account Number The system displays the new account number Application Type Select the application type from the adjoining drop down list The available options are e Retail e Corporate e CASA e Ijarah e Istisna e Mudarabah e Murabaha e Musharaka Current Status The system displays the current status New Status Select the new status from the option list Conversation ID Select the conversation ID from the adjoining option list Customer Tab You can capture the following personal and geographical details related to a prospective customer Type Select the type of the customer from the drop down list provided The following options are available e Primary e Co Applicant Salutation Select the salutation preference of the customer from the drop down list provided You can select any of the following options e Mr e Mrs e Miss e Dr First Name Specify the first name of the customer a ORACLE Middle Name Specify the middle name of the customer Last Name Specify the last name of the customer National Id Specify the national Id or count
98. ore Actual After Documents Multiple Asset KYC Review CustomerDedupe Finance Dedupe CustomerMIS Customer Account MIS Customer AccountFields Vehicle Evaluator Bureau Report Finance MIS Finance Fields Previous Remarks Remarks Audit The stated income and debt of the customer are displayed here You can capture the following additional details here Actual Monthly Income Specify the actual monthly income of the customer based on documentary proof provided Monthly Debt Specify the actual monthly debt of the customer based on documentary proof provided Click Calculate Ratios button to calculate the asset liability ratios for the customer What if Pmt Amt Specify the EMI amount that the customer is ready to pay Click Update Ratio button to update the asset liability ratios for the customer taking into account the EMI payments also The ratios for Installment Finance To Value and Disposable Income are calculated for the following conditions e Stated Before e Stated After e Actual Before e Actual After 2 16 38 Financing Tab In the Financing tab the system displays the list of the multiple finance offers that are attached to the application category specified If you have selected an Enquiry ID for the aay ORACLE customer then the finance details that have been stored for the corresponding finance proposal are displayed here You can modify these details if requ
99. ory Cendet emi Financial Currency Group Code Place of Birth Power of Attorney Birth Country Issued EEEE Date of Birth w E ea Mothers Maiden Name Holder Name say Marital Status Married Address Work Phone Mobile ISD Code Dependents Samay Mobile Number Corporate Details Nationality Fax ISD Code Date Telephone ISD Code Fax Telephone Number Capital Email Net Worth US Resident Status Passport Number Business Description iS 2 Vigited LIS in lact 2 veare m Documents Multiple Asset Customer Dedupe Finance Dedupe CustomerMIS Customer AccountMIS Customer Account Fields Previous Remarks Remarks Audit The details related to the finance application entry are displayed in this screen which can be verified by the verifier The details cannot be modified in this stage but comments can be added appropriately On completion of this stage the advices that are maintained for the stage are generated The verifier can either send the application back to the previous stage if the information provided is not adequate or can cancel it if the information captured is not satisfactory If the application details are verified successfully the verifier can proceed with the processing of the application by selecting PROCEED as the Outcome The verifier can select REJECT to return the process to previous stage for data correction or CANCEL to terminate the process On successful ver
100. perators Logical Operators You can specify the following details here Sequence Number The sequence number is automatically generated by the system Condition The condition specified using the Elements Functions Operators etc gets displayed here Result Specify the result to be associated with the condition specified Elements Specify the data elements to be used to define the formula for credit score calculation or select the element from the option list provided Functions Select the mathematical function to be used to define the formula from the drop down list provided Braces Select the opening or the closing brace from the drop down list provided to define the credit score calculation formula Operators Select the mathematical operator to be used to define the credit score calculation formula 3 6 6 OD You can select or f a ORACLE 2 5 3 2 5 4 Logical Operators Select the logical operator to be used to define the credit score calculation formula You can select L gt lt gt gt lt AND or OR Specifying Credit Grades You can maintain different credit grades based on the credit scores obtained Click Rating button in Rule Details screens to invoke the Rating screen where you can maintain these details ORDRULMT__CVS_RATING Rating 1 Of 1 E Sequence Number A You can specify the following details her
101. plication CANCEL Entry stage can be verified for External Blacklist check 2 34 ORACLE Stage Stage Title Description Function Id Exit point Stage 6 Underwriting The following details ORDMU VERIFY 6 oo g CEED Applicant Financial RETURN Ratios CANCEL Applicant Credit Score Applicant Bureau Report Finance Offers Finance Schedules Finance Charges Collateral Valuation Document Capture 7 Finance Finance Approval ORDMURAR PRO 7 Approval CEED RETURN CANCEL 8 Document Document Verifica ORDMURDV PRO 8 Verification tion CEED f CEERI RETURN Final Verification CANCEL Customer Creation Finance Account Creation Advice Generation 9 Customer The system task is ORDM PROCEED 9 Account used to create the RMCU Finance following collateral Customer Creation Creation Murabaha Account Creation Liability Creation Collateral Creation Finance Creation 10 Vendor Pay This stage willena ORDMRVPD PRO 10 ment ble to trigger pay CEED ment to the vendors CANCEL of all the underlying assets involved in the Murabaha 2 35 ORACLE Stage Stage Title Description Function Id Exit point Stage 11 Sale Confir The outcome of the ORDMRSAC PRO 11 mation sale confirmation of CEED the underlying REJECT assets triggers the CANCEL Murabaha origina tion in the next stage 12 User Accept The outco
102. ration of offer letter and sending the contractual agreements takes place Step 8 Document Verification Stage In the Document Verification stage the documents captured in the previous stages are verified It is ensured that all documents in the checklist maintained are obtained from the customer In this stage the application and applicant information captured as part of the previous stages undergoes a final verification Users belonging to user role CMROLE are authorized to perform these tasks You can key in the Finance application details required in Murabaha Document Verification screen aa ORACLE ORDMURDV__CVS_MAIN__TAB_CUSTOMER islamic Murabaha Document Verification X H save i Hoid Application Category Lead Id Application Number i Product Code Enquiry ID User Reference Description Default Application Priority Low Application Branch 000 Application Status Application Entry Application Date 2011 01 04 En Details Financial Requested Limit Collateral Credit Score Bureau Ratio Financing Component Charge Investigation Comments Channel I KYC Required External Credit Check Intermediary Group Auto Decision Required Required Applicant Details 10f4 E m Type Existing Local Branch Customer No Default ShortName Customer Name MNationalild Responsibility Liability RMID RM Name a m ZIF m Es Country First Name Account Details Nationality Middle Name Accou
103. rence Rate Spread Composite MIS Composite MIS 1 Composite MIS 2 Composite MIS 3 Composite MIS 4 Composite MIS 5 Composite MIS 6 Composite MIS 7 Composite MIS 8 Pool Code Account Level Pool Code E Link to Group MIS Group Cost MIS Cost MIS 1 Cost MIS 2 Cost MIS 3 Cost MIS 4 Cost MIS 5 hk ChangeLog TransferLog 2 16 6 Details Tab The address and employment related details of the customer corresponding to the Lead Id selected are displayed in this tab You can modify these details if required 2 44 ORACLE ORDMURAE__CVS_MAIN_TAB_DETAIL islamic Murabaha Application Entry H save h Hold Application Category Leadid E Application Number IslamicMurabahaAccou Product Code Enquiry ID User Reference Description Application Priority Low rae prety oo 1 Application Status ApplicationEntry plication Date 04 Applicant Details Type Primay Local Branch 000 Customer No Customer Name Main Details Financial Requested Limit Collateral Comments Address Details 101 HE Adaress Line 1 Country Address Line 2 Zip Address Line 3 Contact Number Address Type Permanent Current Employment Details Address Line 1 Extension Address Line 2 Contact Phone Add
104. ress Line 3 Contact Name Country Contact Extension Employer EmploymentType Full Time Occupation Zip wens Designation Employee Id Phone Number Department Documents Multiple Asset CustomerDedupe Finance Dedupe CustomerMIS CustomerAccountMIS Customer Account Fields Remarks Remarks Audit In this screen you can capture multiple address and employment details if required 2 16 7 Financials Tab You can capture the financial details corresponding to the customer in this screen ae ORACLE ORDMURAE___CVS_MAIN__TAB_FINANCIAL islamic Murabaha Application Entry X H save Hold Application Category T Lead Id ba Application Number IslamicMurabahaAccou 0 Product Code a7 Enquiry ID E User Reference Description i Application Priority Low Application Branch 000 Application Status Application Enty Application Date 2011 01 04 oo Applicant Details Type Primay Local Branch 000 Customer No 000006150 Customer Name Main Details Financial Requested Limit Collateral Comments Income Details L PEE V Income Type Frequency Currency Amount je y Salary Monthly X FE Liability Details 1 0f1 33 Liability Type Liability Sub Type Frequency Currency Amount Account Balance Start Date
105. rwriting 2 16 34 In this stage the bank assesses the eligibility of the borrower for the requested finance offer based on the analysis of the borrower s financial ratios and credit scores The bank also obtains credit details from external agencies and field investigation agencies The tasks in underwriting stage are also carried out by the user role CMROLE You can key in the finance application details required in Murabaha Underwriting screen After ascertaining the eligibility of the customer the bank provides multiple finance offers for the borrower and uses one offer chosen by the customer to generate payment schedule and schedule details The advices that are maintained for the stage are generated on completion of the stage In this stage the bank also conducts vehicle evaluation based on the details that have been captured at the Application Entry stage This evaluation can be done with details from an external agency in the collateral tab Collateral Tab You can carry out the evaluation of vehicles in the collateral tab Here the details provided as part of the Application Entry stage are defaulted which you can modify The evaluation can be done by interfacing with external agencies ant ORACLE ORDMURUD_ CVS_MAIN__ TAB COLLATERAL Islamic Murabaha Underwriting E New amp Enter Query Workflow Reference Priority Low j Application Category Lead id Product Code Enquiry ID D
106. ry code of the customer or select the national Id from the option list provided Short Name Specify the short name of the customer Gender Select the gender of the customer from the drop down list Date of Birth Specify the date of birth of the customer or select the date by clicking the Calendar icon provided Mother s Maiden Name Specify the customer s mother s maiden name Customer Category Specify the category to which the customer belongs or select the customer category from the option list that displays all valid customer categories Country Specify the country of domicile of the customer or select the country code from the option list provided Nationality Specify the country of which the customer is a national or select the country code from the option list provided Language Specify the primary language of the customer or select the language from the option list provided Mobile Number Specify the mobile phone number of the prospective customer Landline No Specify the land phone number of the prospective customer Office No Specify the office phone number of the prospective customer Fax Specify the fax number of the prospective customer Passport No Specify the passport number of the prospective customer Passport Issue Date Specify the date on which the customer s passport was issued or select the date from by clicking the adjoining Calendar icon a ORACLE 2 3 2 Passpor
107. s Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Inquiries Auto Bank Card Retail Financing Qalac Finanra Trade Lines ORDMURUD__CVS_CRBREPORT__TAB_TRDLINES Credit Bureau Report 4 Application Number IslamicMurabahaAccou Customer No 000006150 ed Requested Id 1 Bureau Code Report Header Bureau Credit Report ld First Name Report Date MiddleName Unique Id Last Name On File Date zj Birth Date Best Match Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Trade Lines 0 10f1 I x F Creditors Name Status Type TypeCode PastDueAmt Balance BalanceDate OpenDate HistoryDate HistoryData 30 60 90 Cre K m r i ORACLE Public Records ORDMURUD__CVS_CRBREPORT__TAB_PUBREC Credit Bureau Report Application Number IslamicMurabahaAccou Customer No 000006150 a Requested Id 4 Bureau Code Report Header Bureau Credit Report ld First Name Report Date MiddleName Unique Id Last Name On File Date Birth Date Best Match Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Public Records 101 gt DI 3 RecordType Status Amount FiledDate Satisfied Date Collections ORDMU
108. s credit rating details for customer securities Viewing Application Category Summary You can view a summary of the application categories in Category Details screen You can also query for a particular record based on desired search criteria ae ORACLE You can invoke this screen by typing ORSCATMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Category Details Authorization Status Record Status Application Category a Application Type c Advanced Search Records per page 15 1 Of 1 Authorization Status Record Status Application Category Category Description Application Type You can specify any of the following details to search for a record e Authorization Status e Record Status e Application Category Click Search button to search for a record based on the search criteria specified You can double click a desired record to view the detailed screen 2 15 Maintaining Pricing Details Oracle FLEXCUBE allows you to maintain pricing groups and apply a suitable pricing rule to an application category during murabaha finance origination The pricing rule automatically selects the best matched finance offer for the finance application from the available offers for the application category You need to maintain pricing groups and define the price IDs and formulae for the group using Pricing Maintenance screen To invoke
109. siness Description lt T mW Misited LIS in lact Iveare Documents Multiple Asset KYC Review CustomerDedupe FinanceDedupe CustomerMIS CustomerAccountMIS Customer Account Fields Previous Remarks Remarks The system displays all the customers associated with the finance application with internal status displaying whether the customer information is available or not a2 ORACLE Click Review button to view all customer information and perform KYC and SDN checks ORCISLKY__CVS_MAIN KYC Review Application Number KYC Review toro gt bl E Customer No FirstName Last Name Date of Birth Country Internal Internal Remarks Exter l The KYC Review Screen STSKYCMN and SDN Review Screens ORSSDNMN are displayed KYC Maintenance Summary Authonzation Status KYC Reference KYC Customer Type Em Records per page 15 M 4 4 or 1 gt 5 Authorization Status Record Status KYC Reference Ful Name of Customer KYC Customer Type Risk Level 000ZKYC112450005 MILLER Retail Customer Level 1 0012KYC112450004 WARDRU S Retail Customer Levei2 001ZKYC112450005 Retail Customer Level 2 001ZKYC112450007 Level 1 001ZKYC112450001 001ZKY C112450002 0012KYC112450003 0012KYC112450006 019ZKYC112490001 022ZKYC121530002 WB1ZKYC121300003 fal 5 PPPTTTTTTT gt Alias Names Summary Name Country z Records per page 151 M
110. sks ORDMURAR_CVS_MAIN__TAB_CUSTOMER Islamic Murabaha Loan Approval X H save Hold Application Category Leadid Application Number Product Code Enquiry ID User Reference Description Application Priority Low Application Branch 000 fpplicsionsiius A Application Date 2011 01 04 eee El Details Financial Requested Limit Collateral Credit Score Bureau Ratio Financing Component Charge Investigation Comments Channel KYC Required External Credit Check Required Intermediary Group Auto Decision Required 9 Applicant Details 1 Of 1 ES E Type Existing LocalBranch CustomerNo Default ShortName CustomerName Nationalld Responsibility Liability RMID RMName 4 m Hea Country First Name Account Details Nationality Middle Name Account Branch Language Last Name Account Class SSN Salutation Mr Account Number Customer Category Gender Male ee wi oie Place of Birth Power of Attorney Birth Country Home Phone ISD Date of Birth Issued Home Phone Mothers Maiden Name Holder Name Work Phone ISD lank Shes ES v Address Work Phone Mobile ISD Code Dspendonts Country Mobile Number Corporate Details Nationality Fax ISD Code Date Telephone ISD Code Fax Capital Telephone Number Email Net Worth US Resident Status a Pasaport namber Business Description Visited LIS in last 3 vears ij m a Documents Multiple Asset KYC Review CustomerDedupe Finance Dedupe Customer
111. stomer Address Line 1 3 Specify the employment address of the customer in three lines starting from Address Line 1 to Address Line 3 Zip Specify the zip code associated with the office address specified 26 ORACLE 2 3 3 Country Specify the country associated with the employment address specified Phone No Specify the official phone number of the prospective customer Extn Specify the telephone extension number if any of the prospective customer Contact Specify the contact number of the prospective customer Contact Name Specify the name of a contact person at the customer s office Contact Phone Specify the contact phone number of the customer s contact person Contact Extn Specify the telephone extension number if any associated with contact person Comments Specify comments if any related to the customer s employment Department Specify the department to which the customer belongs Stated Years Specify the number of years the customer has spent with his current employer Stated Months Specify the number of months the customer has spent with his current employer Requested Tab You can capture the details related to the requested finance in Requested tab ORDLEADM__CVS_MAIN__TAB_LOAN Document Date Time Date Time You can capture the following details here at ORACLE 2 4 Currency Specify the finance currency preference of the customer or sele
112. t Expiry Date Specify the date on which the customer s passport expires or select the date from by clicking the adjoining Calendar icon Passport Issue Place Specify the place where the customer s passport was issued E mail Specify the e mail Id of the prospective customer Dependents Specify the number of dependents for the customer Marital Status Select the marital status of the prospective customer from the drop down list The following options are available e Married e Unmarried e Divorcee e Remarried e Separated e Spouse Expired Details Tab You can capture the address and employment related details of the prospective customer in Details tab ORDLEADM__CVS_MAIN__TAB_DETAIL Prospect Details H save lt j Hoia Lead id MUR111 Branch 000 Ga Application Type Retail Description G Date of Request 2011 01 04 Current Status NEW New Account Number New Status Request ID Conversation ID Channel FLEXCUBE PE Promotion Code Applicant Detaits Type Primary z Customer Name S Main Details Financial Requested Address Details 101 IS Address 1 Pin Code e Address 2 Contact Number Permanent Address 3 ena Address 4 Current Employment Details iors GI Address 1 Extension or Address 2 Contact Phone dinate Address 3 Contact Name Employment Type Full Time permanent peuns Contact Extension Occupation E Country Department Designation iS Pin Code igen Employee Id co hae tines
113. tage e Noof installments e Frequency e Unit ane ORACLE 2 16 9 Financing against Salary Check this box to indicate that the finance should be associated with the applicant salary account Financing Purpose Give a brief description on the purpose of financing Itemization Details Itemization Specify the tenor itemization that is required For example you can specify the itemizations like Booking Amount Payment Interiors etc Amount Specify the amount requested corresponding to the itemization specified Comments Give your comments if any corresponding to the itemization Limits Tab You can capture the details related to the limits provided by the customer in this tab ORDMURAE_ CVS_MAIN__TAB_LINE ag Application Entry x Application Category MURC14 Leadid Application Number IslamicMurabahaAccou c Product Code AMRT 25 Enquiry ID a3 User Reference Description Murabaha Amort e Application Priority Low Application Branch 000 Application Status Application Entry Application Date 2011 01 04 Applicant Details Type Primary Local Branch 000 Customer No 00006658 Customer Name S Main Details Financial Requested Limit Collateral Comments Liability Details Line Details Pool Details Liability No 00006658 25 Line Code PE Pool Code Liability Name 00006658 ir Line Serial 4 Pool Description Main Liability No Main Line Code z Pool Currency GBP az Liab
114. tegory Document Reference Document Type Remarks Ratio Uplic v a asl lal Here you need to specify the following details Document Category Specify the category of the document to be uploaded Document Reference The system generates and displays a unique identifier for the document Document Type Specify the type of document that is to be uploaded Upload Click Upload button to open the Document Upload sub screen The Document Upload sub screen is displayed below Document Upload Document Path Browse In the Document Upload sub screen specify the corresponding document path and click the Submit button Once the document is uploaded through the upload button the system displays the document reference number View Click View to view the document uploaded In Murabaha Lending process Document Upload feature is not available in all the stages Its availability in this process is given below ony ORACLE Doc r View Availa Stage Title Function Id Callform Aa A T ble Not Exists Available Application ORDMURAE Available Available Available Entry Application ORDMURAV Available Available Available Verification Application ORDMURMV Available Available Available Management Verification Internal Black ORDMURKI Available Available Av
115. that multiple users can take part in the transaction Oracle Business rules are used for dynamic creation of multiple approval stages The following details need to be maintained for originating a Murabaha e Finance Application Capture e Application Verification e Application Management Verification Configurable e Internal Blacklist Check e External Blacklist Check e Underwriting Credit Evaluation e Finance Approval e Document Verification e Finance details upload e Vendor Payment e Sale Confirmation e User Acceptance e Disbursement e Manual Liquidation e Asset Capture The Murabaha origination process flow is composed of following stages The following are different types of the asset categories in Murabaha e Vehicle e Property e Equipment e Goods a ORACLE e Service ljarah e Project e Home Maintaining Finance Prospect Details You can maintain the details of a prospective borrower or a finance applicant when the borrower initially approaches the bank enquiring about the various finance products that are being offered The following details are captured as part of this maintenance e Prospective customer s personal and location details e Prospective customer s employment details e Requested finance details You can maintain the details related to the prospective customer in Prospect Details screen You can invoke this screen by typing ORDLEADWM in the field at the top right corner of the Application
116. the record by clicking the Save icon in the tool bar The following screen will be displayed Step 12 User Acceptance Stage In this stage based on the outcome of the previous stage the sale confirmation triggers the Murabaha origination in the next stage Manual disbursement is done for the accounts created with a manual disbursement product For accounts created with auto disbursement products disbursement occurs on save of document verification stage Murabaha User Acceptance H save lt i Hold Application Number Application Date 2011 01 04 Application Branch 000 Status UserAcceptance Branch 000 Account Sale Date 2011 01 04 Remarks Remarks Previous Remarks The system creates a task Manual Liquidation in the Reject task list Task Details Task List Search a amp Standard Sane Moca and York The ant Acquired 0 Msds Assigned 8 OE ary Completed 1 Pending 1 Supervisor 0 If everything is found acceptable select the action PROCEED in the textbox adjoining the Audit button in this screen and save the record by clicking the Save icon in the tool bar The following screen will be displayed e100 ORACLE Step 13 Disbursement of Murabaha Stage In this stage based on the outcome of the previous stage the disbursement of Murabaha for the underlying asset or moving the asset to inventory is decided If sale is confirmed th
117. the screen type ORDPRCMT in the field at the top right corner of the application toolbar and click the adjoining arrow button dar ORACLE Pricing Maintenance E New E3 Enter Query Price Group ID Price Type Retail Description Pricing Details 10f1 Price ID Price Description Formula Offer WELGI Date Time Checker Date Time Mod No Record Status Authorization Status Specify the following details Pricing Group Specify a unique name to identify the price group Description Specify a brief description of the price group Price Type Specify the price type associated with the price group You can choose one of the following price types e Retail e Corporate e Ijarah e istisna e Mudarabah e Murabaha e Musharaka e Tawarooq Pricing Details Specify the following details Price ID Specify a unique price ID This price ID can be applied to a finance at underwriting stage Price Description Specify a brief description of the price ID e ORACLE Default Check this box to set this as the default price ID for the price group that you maintain Formula Click Formula button to define the pricing rule for each price ID You can define the formula using origination system elements in Oracle FLEXCUBE Formula Maintenance 10f1 7 Sequence Number Condition Elements Index Functions Braces Operators You can specify the following details h
118. ting E Body Usage Valuation Source None z Valuation Status NotRequired Covenant Details 101 Covenant Name Description ReversalDate Mandatory Grace Days Notice Days DueDateOn Frequency StartDate StartMonth Remarks 4 H J Documents Multiple Asset CustomerDedupe Finance Dedupe CustomerMIS CustomerAccountMIS Customer Account Fields Previous Remarks Remarks Audit In this screen specify the following details to facilitate vehicle evaluation Collateral Details Collateral Branch Select the finance applicant s collateral branch from the adjoining option list Collateral ID Select the collateral ID from the adjoining option list Collateral Description Give a brief description on the collateral Collateral Currency Select the collateral currency from the adjoining option list Collateral Value Specify the collateral value Start Date and End Date Specify the tenor of the collateral using the Start Date and End Date fields The collateral is considered effective only during this period Collateral Category Select the collateral category from the adjoining option list la ORACLE Collateral Type Select the collateral from the adjoining drop down list The options are e Market based e Guarantee e Normal Linked Percent Specify percentage of the part of the collateral amount which has to be linked to the pool Linked Amount Specify the part of the co
119. unctions Select the mathematical function to be used to define the formula from the drop down list provided Braces Select the opening or the closing brace from the drop down list provided to define the credit ratio calculation formula Operators Select the mathematical operator to be used to define the credit ratio calculation formula You can select or 7 Viewing Credit Ratio Summary You can view a summary of the credit ratios in Credit Ratio Maintenance screen You can also query for a particular record based on desired search criteria 16 ORACLE You can invoke this screen by typing ORSRATMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Credit Ratio Maintenance Authorization Status Record Status Group Id Advanced Search Records per page 15 v 10f1 Authorization Status Record Status Group Id Description You can specify any of the following details to search for a record e Authorization Status e Record Status e Group Id Click Search button to search for a record based on the search criteria specified You can double click a desired record to view the detailed screen 2 9 Maintaining Override Details You can maintain the formulae to verify if overrides need to be generated dynamically in Override Maintenance screen You can invoke this screen by typing ORDOVDMT in the field at the
120. us Remarks Remarks Audit The following details related to the schedule are displayed here e Component name e Schedule type e First due date e Number e Frequency e Units e Amount For each component of the components listed the system calculates and displays the details like the Due Date Amount Due EMI Amount and Amortized Principal 2 16 40 Charges Tab In Charges tab the system calculates and displays charges if any applicable ase ORACLE ORDMURUD__CVS_MAIN_TAB_CHARGES islamic Murabaha Underwriting EA save sf Hold Application Category MURC14 Leadid Product Code AMRT Enquiry ID Description Murabaha Amort Application Branch 000 Application Date 2011 01 04 Main Details Financial Requested Limit Collateral Credit Score Bureau Ratio Financing Component Charge Default Application Number IslamicMurabahaAccou User Reference OOOAMRT1100400C Application Priority Low Application Status Underwriting _ Investigation Comments 10f4 E Waive Component Name Due Date Component Currency Amount Due Effective Date Amount Waived Documents Multiple Asset KYC Review CustomerDedupe Finance Dedupe CustomerMIS Customer AccountMIS Customer AccountFields Vehicle Evaluator Bureau Report Finance MIS Finance Fields Previous Remarks Remarks The system calculates and displays the charge details associated with the finance The following details are displayed e
121. y the vehicle model Body Specify the vehicle body details Usage Specify the mileage used by the vehicle till date These details will be used at the underwriting stage to evaluate the vehicle Note For more details on capturing Collateral details refer the chapter titled Maintaining Collat eral Details in Enterprise Limits and Collateral Management user manual 2 16 11 Vehicle Asset Click Vehicle Asset button Murabaha Application Entry screen to invoke Vehicle Asset screen leas ORACLE 2 16 12 ORCISLVA__CVS_MAIN Vehicle Asset Application Number Vehicle Details Asset Sequence Number Asset Status Asset Type Asset Category Chassis Number Registered Registration Date Delivery Date Amount Details Currency Requested Finance Amount Percentage Amount Appraised 4 100f01 gt Class Color No of Cylinders Vehicle Condition Description Vendor Details Total Amount Details Hamish Jiddayah Vehicle Value Maintenance Cost Insurance Amount Asset Finance Amount Here you can capture the following details Account Number Year of Manufacturing Maker Code Sub Model Year Model Engine Number Appraiser Details Registration Type Vendor Code Appraiser Name Registration Name Agent Sales Name Appraiser Value Registration Emirate Agent Name Appraiser Date Registration Number Agent Branch Insurance Details Insured By Bank Insurance Compa
122. ye IslamicistisnaAccount6028 Application 2013 09 02 Low E Administrative d REAC amp Application Statuses Across Various Parameters ga eens am T Applications Count Across Conventional High PB ee Reeenmngens ene aoe LM Count Across Conventional Low OpenSavingsAccount6045 ReceiveAnd DAVID 2013 09 02 Low FLEXCUBE SUPPORTO1 RECVNVFY Count Across Conventional Medium Verify BOON 49 03 55 IST a mca Hea ye OpensavingsAccount6063 Inputsavings DAVID 2013 09 02 Low FLEXCUBE SUPPORTO1 RECVNVFY UAN ASL account details BOON 21 09 55 IST a A EA ye RetailLendings077 Application DAVID 2013 09 03 Low NEWAPP High Alert Verification BOON 09 35 38 IST i iyisiamic Tanis m y RetaliLengings112 Application 2013 09 03 Low VFYAPP R My Los Tasks Verification 15 12 17 IST My Reminders Pandinn Taeke it i Quick View Quick View Detail SLA Standard gt Acquired 0 gt Assigned 11 gt Completed 0 gt New Assigned 11 gt Pending 0 gt Supervisor 0 Supervisor Today All tasks that have been successfully completed are listed in the right side of the screen Select the checkbox against your Workflow Ref No and click Acquire button at the top of the screen to acquire the next stage of the task The system displays the information message as xxx Acquire Successful on successful acquisition of the task Click Ok to proceed to the next stage To select the acquired task for the next stage sele
123. yping ORSOVDMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button ay ORACLE 2 11 You can specify any of the following details to search for a record Override Maintenance Authorization Status Record Status Process Code aE Application Category Advanced Search Records per page 15 1 Of 1 Authorization Status Record Status Process Code Application Category 4 Authorization Status Record Status Process Code Application Category Click Search button to search for a record based on the search criteria specified You can double click a desired record to view the detailed screen Maintaining Document Checklist and Advices You can maintain the list of documents that are required during the finance origination process in Documents and Advice Maintenance screen Document checklists are maintained for an application category and for the various stages in the origination process You can also maintain the details of the Advices that need to be generated on completion of a stage in the process You can invoke Documents and Advice Maintenance screen by typing ORDDOCMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button 2 20 ORACLE ORDDOCMT__CVS_MAIN Document verify Maintenance E New E3 Enter Query Process Code Application Category Process Stages Stage Stage

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