Investment accounts
This version of Module PD was replaced in April 2008. Click here for the current Module PD.
PD-1.3.4
This version of Module PD was replaced in April 2008. Click here for the current Module PD.
Restricted investment accounts are to be reported off-balance sheet in the financial statements. Banks must provide disclosures as per the requirements of FAS 1: Presentation and Disclosure in the Financial Statements of Islamic Banks and Financial Institutions issued by AAOIFI.
October 07PD-1.3.5
This version of Module PD was replaced in April 2008. Click here for the current Module PD.
Unrestricted investment accounts are to be reported on-balance sheet in the financial statements. The assets financed by the unrestricted investment accounts are to be included under the Assets Section on the balance sheet (net of provisions). The equity of the unrestricted investment accounts should be shown between the liabilities and owners' equity Sections. Disclosures and presentations must be in accordance with FAS 1 issued by AAOIFI.
October 07
