How the Islamic banking operations are integrated or reflected in the accounts of the bank?
From what is indicated above, it follows that in the balance sheet of the bank the funds mobilized and the assets they are invested have to contra out. Certain costs are charged directly to the accounts of the mudarabahs , whereas others recovered by charging a service fee. The income comes out of the net earnings of the mudarabahs as a percentage fee and is accounted in the bank’s balance sheet as a fee on account of non-fund business.
