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Salam Istisna

In: Business and Management

Submitted By hana13
Words 423
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COMPARISONS OF SALAM AND ISTISNA’ – ISLAMIC BANKS IN MALAYSIA AND BAHRAIN

BANK (S) | SALAM | ISTISNA’ | | MALAYSIA FULL-FLEDGED ISLAMIC BANKS | Bank Islam Malaysia Berhad | Nil | Disclosed in the Notes to the Financial Statements – Financing, Advances and Others | Bank Muamalat Malaysia Berhad | Nil | Disclosed in the Notes to the Financial Statements – Financing of Customers | | MALAYSIA ISLAMIC BANKING SUBSIDIARIES | Affin Islamic Bank Berhad | Nil | Only mentioned in the Directors’ Report | Alliance Islamic Bank Berhad | Nil | Nil | AmIslamic Bank Berhad | Nil | Nil | CIMB Islamic Bank Berhad | Nil | Nil | Hong Leong Islamic Bank Berhad | Nil | Nil | Maybank Islamic Berhad | Nil | Nil | Public Islamic Bank Berhad | Nil | Nil | RHB Islamic Bank Berhad | Nil | Disclosed in the Notes to the Financial Statements – Financing and Advances | | MALAYSIA FOREIGN COMMERCIAL BANKS – ISLAMIC SUBSIDIARIES | HSBC Amanah Malaysia Berhad | Nil | Nil | Standard Chartered Saadiq Berhad | Nil | Nil | OCBC Al Amin Bank Berhad | Nil | Nil | | MALAYSIA FOREIGN ISLAMIC BANKS | Al Rajhi Banking and Investment Corporation Berhad | Nil | Nil | Kuwait Finance House Berhad | Nil | Disclosed in the Notes to the Financial Statements – Financing, Advances and Other Receivables (by contract) | Asian Finance Bank Berhad | Nil | Nil | | BAHRAIN ISLAMIC BANKS | ABC Islamic Bank - Arab Banking Corporation | Nil | Nil | Al Baraka Islamic Bank | Disclosed in the Notes to the Consolidated Financial Statements – Equity of Investment Account Holders, the Group is authorized to invest the funds on the basis of Salam, etc. | * Disclosed in the Executive Managements Report – income from Istisna’ Financing amounting to $0.79 million * Disclosed in the Notes to the Consolidated Financial Statements – Accounting Policies on Istisna’ Receivables * Disclosed in the Notes

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