22 Net Interest Income and Income From Islamic Financing and Investing Assets

Net Interest Income and Income From Islamic Financing and Investing Assets

  2018   2017
AED’000   AED’000
 
Loans and advances 227,440 210,579
Due from banks 15,085 8,617
Income from Islamic financing and investing assets 17,267 18,787
Others

1,751

6,916

Interest income and income from Islamic financing and investing assets

261,543

244,899

 
Customers’ deposits and margin accounts (66,638) (55,723)
Profit distributable to depositors (1,994) (2,839)
Due to banks and other financial institutions

(16,976)

(15,472)

Interest expense and profit distributable to depositors

(85,608)

(74,034)

Net interest income and income from Islamic financing and investing assets

175,935

 

170,865

No interest or profit income is recognised on impaired loans and advances or on impaired Islamic financing and investing assets.