18 docs tagged with "profit-sharing"

Shari'ah-based deposits differ from conventional deposits in their profit calculation methodology. Instead of relying on a predefined interest rate,...

Income covers the different income categories from the investments. For example, within a real estate investment pool you may have income categories...

The Islamic Products section within the IPS interface displays Islamic deposit products.

Accounts with profit-sharing capabilities are created in the same way as interest-based accounts. For more information on creating an account, refer...

A Profit-Sharing Accounts is created in two places.

To observe Islamic deposit accounts for a particular Islamic product, follow these steps:

The main actions for Profit Sharing Deposit Products, such as editing, deleting or deactivating, can be performed in the same way as for standard...

Mambu uses an automated system to apply calculated, distributed and approved profits in profit sharing. Manual profit application is not supported...

Mambu uses an automated system to approved the calculated and distributed profits, which provides transparency and speed. Manual approval is not...

Profit calculations run in the backend, and [Proposals](/docs/running-proposals) present the results of the calculations with detailed information....

The profit sharing calculation methods were designed to be compliant with Shari'ah rules.

Our platform's standard accounting methodologies are fully applicable to Shari'ah-compliant deposit products. This guide outlines the specific...

Learn about islamic-finance, deposit-accounts, overview in Mambu.

Learn about islamic-finance, deposit-accounts, lifecycle in Mambu.

Profit sharing in Mambu is an implementation of Islamic banking in the form of deposit products made up of Shari'ah law-based contracts. The...

The profit sharing process consists of three steps:

Shari'ah-compliant deposit products are designed for financial offerings that adhere to Islamic principles. Instead of earning a fixed interest rate,...

Learn about rounding, truncation, profit-sharing in Mambu.