iMAL*Islamic Profit Calculation
It calculates and distributes profits in compliance with the bank Sharia Board, based on Mudaraba liability contracts. The profit distribution is based on a set of criteria and parameters that are built in the system.The module incorporates:
• Built-in Control Procedures
• Built-in Limits Monitoring and Exposure Control
• Extensive Credit Risk Measurement and Evaluation
• Extensive Reporting Tools.
Product and service specifications
| Database |
• Oracle
• Sybase
• Other
|
| Language used |
• Java
• Other
|
| Operating system |
• HP-Unix
• Windows 7
• Windows Vista
• Windows XP
• Other
|
| Pricing structure |
• Other
|
| User interface |
• Other
|
Tags:
Islamic Profit Calculation
