Islamic Financing Origination
Islamic Financing Origination
Islamic Financing Origination
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for any purpose, without the express written permission of TEMENOS HEADQUARTERS SA.
Table of Contents
Document History
2 InclusiveBanking Product
InclusiveBanking Islamic Financing Origination
Introduction
Document Purpose
Inclusive Banking already provides Loan Origination (Loan Application) process, however until now this
was available only for non-Islamic products. This development was done to give the user the same
experience of creating Islamic Arrangement through single Financing Application process.
Assumptions
It is assumed that the reader of this guide is proficient in the Temenos Core Banking system, worked
with the Browser channel application and understands the structure and navigation of the
InclusiveBanking Role Based Home Pages. For configuring the functionality, it is assumed that the
reader has prior implementation experience and understands the technical concepts of the Temenos
Core Banking system.
References
InclusiveBanking Loan Origination user guide.
3 InclusiveBanking Product
InclusiveBanking Islamic Financing Origination
Previous functionality
Overview
Previously Asset Capture and Contract Management screens had to be used to create all necessary
records before Islamic Arrangement was created.
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InclusiveBanking Islamic Financing Origination
Loans AA
Financing Application option added to Islamic Menu.
Screen is similar to Inclusive Banking Loan Applications where one enquiry lists all created applications.
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InclusiveBanking Islamic Financing Origination
Financing Application is build based on Inclusive Banking Loan Application process, see below the main
points that were added to the original process to support Islamic Financing specific processes.
Asset fields
Asset fields added on Application Input stage to allow user select Asset Type, Commodity and Asset Id.
User allowed at this stage to create new asset record (using Create New Asset button).
Contract stage
New Contract stages added after Offer Production to allow user create and process IS.CONTRACT
record.
Input stage
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InclusiveBanking Islamic Financing Origination
Next action stage to process contract through all status (parameterised in IS.PARAMETER table)
For more information on Loan Origination process, refer to the InclusiveBanking Loan Origination user
guide.
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InclusiveBanking Islamic Financing Origination
Product Parameters
Financing Origination Parameter is the only new parameter table created for Islamic Financing Application.
It is the same as Loan Origination Parameters for non-Islamic products.
The other parameter tables are shared between IS and non-IS processes (Stage, Status etc.)
8 InclusiveBanking Product