CHP 2 : SOURCES OF FUND - Coggle Diagram
CHP 2 : SOURCES OF FUND
DEPOSITOR'S FUNDS:check: bank's sources of funds and treated as liability.
:check: deposit in Islamic bank based on wadiah and trust.
:check: 3 theory
- Pure profit sharing
- two windows model
- Profit sharing-cost plus model
- Saving Deposit (small savers)
- Current Deposit (business people)
:check: There is no divident
:check: charitable instead of profit-making
:check: can be use without consent of depositor
:check: owes principal and guaranteed amount.
WADIAH YAD DHAMANAH
:check: bank is allowed to use deposit money
:check: Withdrawal can be done upon demand.
:check: may give some of profit from the bank as hibah
:check: The parties is Rabbul Mal (owner) and Mudharib (bank).
:check: Profit based on agreement.
:check: Principal no guarantee
:check: Mudarabah Muqayyadah & Mudarah Mutlaqa
- the profit and loss share agreement in advance
- unlimited/fixed time
- unguaranteed principal
Conventional (fixed deposit)
:check: operation have interest
:check: distinguished based on maturity only
:check: provide loan instead a fixed deposits.
Islamic (Investment Deposit)
:check: profit sharing system
:check: distinguished on the maturity, condition and purpose.
:check: provide capital
TYPES OF ACC
i) General/Unrestricted Inv.
:check: deposit of different maturity period investment are pool together.
:check: there is no specific investment project
:check: Islamic bank determine broad investment
:check: various stable withdrawal terms to customer.
ii) Special/Restricted Inv
:check: have a particular project
:check: the investment tenure and maturity underlying asset must be match
:check: only specific withdrawal with condition agreed by parties.
:check: Having facilities for deficit IFI to obtain funds from surplus IFI.
:check: It have been done through Mudarabah.
:check: The period maturity is overnight up to 12 months.
:check: calculate the actual return at the end of investment.
Profit Equalization Reserve (PER)
:check: Amount that out of profit in Mudarabah before allocate it to the bank
:check: to maintain an acceptable level of return for depositor
:check: IFIs maintain 30% of capital fund or shareholder's fund.
Investment RIsk Revenue
:check: contra with PER where it is amount of profit out from Mudarabah after allocating to bank
:check: To cover or prevent future losses financed by Profit sharing Inv. Acc
:check: Strategic asset location that aimed to increase return above the expected rate of return