Reports and Financial Statements
Financial statements on the results of the AIB’s business are prepared on a regular basis in accordance with the standards issued by the Accounting and Auditing Organization for Islamic Financial Institutions and based on the principles of Islamic Sharia, as well as according to the report of the bank’s Sharia Supervisory Board and in accordance with the local laws in force and the instructions of the Palestinian Monetary Authority. An auditing company licensed in Palestine and approved by the Palestinian Monetary Authority audits and reviews the AIB’s financial statements.
Fiscal Year
Statement | The end of the financial period | The end of the disclosure period |
---|---|---|
Preliminary annual financial statements | 31-Dec | 15-Feb |
Annual statements (annual report) | 31-Dec | 31-Mar |
General Assembly meeting | 31-Dec | 04-Apr |
First quarter statements | 31-Mar | 30-Apr |
Semi-annual statements | 30-Jun | 15-Aug |
Third quarter statements | 30-Sep | 31-Oct |
Annual Reports