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The balance sheet of Al BARAKAT Islamic Bank shows the following list of accounts with amounts denominated $mln : Short-term trade Finance (Cash, murabaha, Salam)
- The balance sheet of Al BARAKAT Islamic Bank shows the following list of accounts with amounts denominated $mln :
- Short-term trade Finance (Cash, murabaha, Salam) = 240
- Equity capital = 160
- Non-banking assets (property) = 400
- Medium-term investments (ijarah, istisna) = 280
- Long-term partnerships (musharakah) = 400
- Demand deposits (amanah) = 600
- Fee-based services (joalah, kifala) = 40
- Reserves = 200
- Investment accounts (mudarabah) = 160
- Special investment accounts (mudarabah, musharakah) = 240
Required: Prepare the full Balance sheet of Al BARAKAT Bank based on the maturity profile.
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