Banking products

Partner financing

Murabaha, ijara, musharaka and other partner-financing instruments run as a separate product track with their own regulatory rules and standards board.

What is inside

  1. 01

    Murabaha, ijara, musharaka, mudaraba, salam, istisna, wakala and qard hasan

  2. 02

    Sukuk and other partner-financing instruments

  3. 03

    A Sharia board and a dedicated product-approval process

  4. 04

    Alignment with AAOIFI and IFSB standards on top of national regulation

  5. 05

    Separate accounting for partner and interest-bearing products

  6. 06

    The module is enabled per jurisdiction and is off by default for banks in Mongolia

  7. 07

    Zakat, purification of impermissible income and charity late payment fees

  8. 08

    Counterparty permissibility screening and profit distribution pools

  9. 09

    Reporting under AAOIFI standards

Related modules

Scenarios with this module