iMAL*Islamic Corporate Finance

It is designed specifically to manage the bank’s corporate financing activities.iMAL*IslamicCorporateFinance module,business processes, contracts, Islamicaccounting treatments, implications and behavior are all certified by the AAOIFI (Accounting and Auditing Organisation for Islamic Financial Institutions). The module fully handles the management and control of corporatecustomers’ limits and collaterals.  It includes the complete cycle of Islamic Corporate Finance products such as Murabaha, Tawarruq, Real Estate and Ijara.

In addition, it has a very powerful and advanced Islamic Corporate Finance Calculator built into the module, which allows users to perform ‘what if’ calculations for different financing scenarios and repayment terms. Once a scenario is approved, the financing deal and all its details are automatically computed by a single click.

The module handles the activities related to Limits Management, Collateral Management, Repayment Schedules, Profit Amortization, Collections,Provisioning, Past Due Management. The module also includes a wide range of Reports and Queries.