BIMB
was incorporated in 1983 (website). As of 2015 it has RM2,342,706,000 paid-up ordinary share capital with 144
branches in Malaysia and more than 1000 self-service terminals worldwide. It
offers 70 innovative and sophisticated comprehensive Islamic
banking products and services to its more than five million customers.
In
term of financial reporting, it adopts fully the requirements made by Malaysian
Financial Reporting Standards (MFRS) and adheres the requirements of AAOIFI at certain levels. Its SOFP complies 75% whereas SOPL 77.8% to AAOIFI. SOCIE is at 95%
whereas SCF is at 100%. SSUCF and SORI are shown in the notes to financial
statements (Financial statement).
Table 4.1:
Level of compliance to MFRS and AAOIFI standards
No.
|
Financial statement
|
Conformity
|
1.
|
Statement on adoption of
AAOIFI
|
Not mention
|
2.
|
Statement on adoption of
MFRS
|
100%
|
3.
|
Statement of financial
position (SOFP)
|
75.0%
|
4.
|
Statement of profit or
loss (SOPL)
|
77.8%
|
5.
|
Statement of changes in
equity (SOCIE)
|
95%
|
6.
|
Statement of cash flow (SCF)
|
100%
|
7.
|
Statement of sources and uses of charity fund (SSUCF)
|
Yes (notes)
|
8.
|
Statement of restricted
investment (SORI)
|
Yes (notes)
|
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