PRU-EPRS 1.15 Instructional Guidelines

Item No. Item Instructional Guidelines
B290_1010 Capital invested Report here the total amount of capital invested by PSIAU account holders (on balance sheet) gross of provisions.
B290_1020 Net asset value Report here the net amount after provisions.
B290_1030 Percentage for profit equalisation reserve Report the percentage used for allocation to the profit equalisation reserves.
B290_1040 Amount of profit equalisation reserve This represents the amount after the net asset value has been multiplied by the percentage of the profit equalisation reserve.
B290_1050 Mudarib fee Report here the Mudarib fee which the Authorised Firm is entitled to receive for undertaking the investment of the funds provided by the PSIA holders. The fee is agreed by the investment account holders and the bank before the implementation of any contract. In case of a loss, the bank is not entitled to any Mudarib fee and the loss is borne by the investment account holders.
B290_1060 Net amount after Mudarib fee Report here the balance after the amount of profit equalisation reserve and the Mudarib fee has been deducted from the net asset value.
B290_1070 Percentage of investment risk reserve Report here the percentage of the investment risk reserve applicable to the net amount after the Mudarib fee.
B290_1080 Amount of investment risk reserve Report under this item the amount of the reserve being the product of the balance in Item B290_1060 multiplied by the percentage in item B290_1070 above.
B290_ 1090 Amount attributed to PSIAs This amount is the residual amount allocated to the PSIA account holders after the deduction of the amounts for the profit equalisation reserve, Mudarib fee and investment risk reserves.
Derived from GM5/2007 (Made 16th December 2007). [VER1/12-07]]
[Amended] [VER2/04-13]