BRIAN KETTELL, the Course Director, worked at the Bahrain Monetary Agency for several years and has extensive experience in Islamic banking.

He has published 13 books on banking and financial markets and over 20 case studies on Islamic banking and finance. His books are all available from Amazon.

Module 3

Balance sheet analysis of Islamic banks.

The balance sheets of Islamic banks are very different from those of conventional banks. This module examines the similarities and differences between the balance sheet of an Islamic bank and that of a conventional bank.

How do the financial statements of Islamic banks compare with those of conventional banks?

What are the key characteristics of the liabilities of Islamic banks? :-

1. Current accounts
2. Saving accounts
3. Investment accounts
   *restricted investment accounts
   *unrestricted investment accounts
    
4. Bank capital

 What are the key characteristics of the assets of Islamic banks? :-

1. Murabaha
2. Ijara
3. Istisna
4. Mudaraba
5. Musharaka
6. Salam
7. Qard Hasan