Success Factors of Islamic Banks: An Empirical StudyAppendix
The information about the 7 Islamic banks was taken from their annual
reports of 1999 to 2001. In the study, I preferred to use letters for the banks
instead of their names in order to avoid direct criticism, which is normally not
pleasing to managements of the Islamic banks, although the small number of
banks in the study and the uniqueness of their situations tell about the bank
concerned with each remark. The symbols are as follows:
A Jordan Islamic Bank
B Bahrain Islamic Bank
C Dubai Islamic Bank
D Islamic Bank of the Arab Banking Corp
E Qatar Islamic Bank
F Shamil Bank, Bahrain
G Kuwait Finance House
The information from their annual reports has been classified in 7 tables
as follows:
Jordan Islamic Bank (million Jordanian Dinars)
199819992000 2001
Invested assets 483.5 492.2 563.7 611.8
Cash and bank assets 194.4 231.0 260.0 289.4
Total assets 706.8 757.0 828.3 907.5
Customers’ deposits 594.1 642.8 734.0 813.2
Current accounts 99.3 101.7 126.4 146.7
Restricted and special investments 65.3 99.2 169.4 197.4
Creditor Banks 3.5 4.2 4.0 4.5
Equity 50.9 52.2 54.5 53.6
Revenues 36.9 32.6 41.4 42.0
Expenses 13.3 13.4 13.8 14.8
Net profit 404 2.6 3.0 1.4
Depositors’ share of profit 15.8 13.6 23.5 26.0