Monzer KahfBahrain Islamic Bank (million Bahrain Dinars)
1998199920002001
Invested assets 147.9 149.0 180.4 182.3
Cash and bank assets 6.6 5.9 12.0 7.3
Total assets 156.0 156.4 191.2 194.3
Customers’ deposits 137.7 137.4 153.6 151.0
Current accounts 10.3 10.7 17.5 15.0
Creditor Banks --- --- --- ---
Equity 14.7 15.2 39.1 38.6
Revenues 9.5 9.1 5.9 10.0
Expenses 2.1 2.4 1.5 3.5
Net profit 1.5 1.8 2.3 2.8
Depositors’ share of profit 6.0 5.1 3.3 3.7
In 2000, Bahrain Islamic bank changed its financial year from the Hijra
calendar to the Gregorian calendar and presented the 2000 balance sheet for
the period from 17 April 1999 to December 31 2000, about 1 year and 9
months. Thus we adjusted the affected numbers, last four rows, by
multiplying the report figures by 4/7, to make comparison easy.
Dubai Islamic Bank (million UAE Dirham)
1998199920002001
Invested assets 6642.0 8393.3 10535.9 13555.8
Cash and bank assets 846.0 619.0 957.0 1547.0
Total assets 7825.0 9338.0 11753.4 15334.0
Customers’ deposits 6312.0 7627.0 9772.0 13122.0
Current accounts 1429.0 1549.0 1858.0 2135.0
Creditor Banks 88.0 102.0 92.0 216.0
Equity 1003.0 1050.0 1090.0 1137.0
Revenues 532.0 614.0 756.0 834.0
Expenses 248.0 184.0 165.0 218.0
Net profit -33.8 100.7 118.9 152.5
Depositors’ share of profit 256.0 330.0 472.0 463.0