PD-1.3.33

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Past version: Effective from 01 Oct 2010 to 31 Mar 2011
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The following quantitative disclosures should be made when the concerned Islamic bank has unrestricted investment accounts:

a) Amount of IAH funds;

b) The ratio of Profit Equalization Reserves (PER) to the total amount of PSIA by type of IAH;

c) The ratio of Investment Risk Reserves (IRR) to the total of PSIA by type of IAH;

d) ROAA and ROAE;

e) Ratio of profit distributed to PSIA by type of IAH. The bank must disclose the profit sharing formula used for the calculation and distribution of profits;

f) The management fee (Mudarib share) as a percentage of the total investment profit, and the extent to which it is subject to partial or total waiver in order to pay a competitive rate of return to IAH;

g) Ratio of financing to PSIA by type of IAH;

h) Percentage of financing for each type of Shari'a-compliant contract to total financing;

i) Percentage of financing for each category of counterparty to total financing — that is, Amount of Shari'a-compliant financing extended to a category of counterparties (outstanding) / Amount of total financing (outstanding) x 100;

j) The carrying amount of any assets that the bank has pledged as collateral and the terms and conditions relating to the pledge;

k) The amount of any guarantees or pledges given by the bank and the conditions attaching to those guarantees or pledges;

l) Share of profits earned by IAH, before transfers to or from reserves (amount and as a percentage of funds invested);

m) Share of profits paid out to IAH, after transfers to or from reserves (amount and as a percentage of funds invested);

n) Share of profits paid out to the bank as Mudarib;

o) Movement on PER and IRR during the year;

p) The utilization and computation of PER and/or IRR during the period;

q) Average declared rate of return or profit rate on PSIA by maturity (3-month, 6-month, 12-month, 36-month);

r) Types of assets in which the funds are invested and the actual allocation among various types of assets;

s) Changes in asset allocation in the last six months;

t) Off-balance sheet exposures arising from investment decisions, such as commitment and contingencies;

u) Limits imposed on the amount that can be invested in any one asset;

v) The treatment of assets financed by IAH in the calculation of RWA for capital adequacy purposes;

w) Profits earned and profits paid out over the past five years (amount and as a percentage of funds invested); and

x) Amount of total administrative expenses charged to unrestricted IAH.

Amended October 2010
April 2008