Others News > Islamic Finance News > Islamic banks consolidated balance sheet dips

 The consolidated balance sheet of Bahrain's Islamic banks fell to US$5.818 billion at end-February from US$5.434 billion at end-December 2004, statistics of the Bahrain Monetary Agency (BMA) showed.

Total domestic assets of the Islamic banks, including Shariah compliant commercial banks, investment banks and offshore banking units, grew to US$2.766 billion from US$2.535 billion and total foreign assets increased to US$3.051 billion from US$2.899 billion. Total domestic liabilities of the Kingdom's Islamic banks reached US$3.452 billion, up from US$3.186 billion and total foreign liabilities rose to US$2.365 billion from US$2.247 billion.

Source: www.IslamicFinancenews.com