Page 118 - ICD AR21 EN
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                                NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
(CONTINUED)
23 IMPAIRMENT ALLOWANCE
 2021
   Credit loss as at 1 January 2021 USD
   Credit loss (reversal) charge for the year USD
    Written off during the year USD
  Credit loss as at 31 December 2021 USD
  Cash and cash equivalents
Commodity Murabaha and Wakala placements
Sukuk investments
Murabaha financing
Installment sales financing
Ijarah Muntahia Bittamleek
Istisna’a assets
Other assets       3,525,696
3,096 9,882,802 11,920,745 43,205,224 18,352,241 52,783,631 153,808
(2,441) 4,195,438 (1,335,647) 5,777,318 4,381,123 (17,781,667) 1,475,719 (824,477)
(2,933)
16,424 5,612,044 13,409,196 4,104,645 2,959,016 (114,114) 1,879,918
-     655 -     14,078,240 -     10,585,098 -     48,982,542 -     22,733,364 -     35,001,964 -     1,629,527 -     2,701,219
-     3,096 -     9,882,802 -     11,920,745 -     43,205,224 -     18,352,241
(40,271,845)     52,783,631 -     153,808 -     3,525,696
              Total
 139,827,243
  (4,114,634)
 -
 135,712,609
  2020
   Credit loss as at 1 January 2020 USD
   Credit loss (reversal) charge for the year USD
    Written off during the year USD
  Credit loss as at 31 December 2020 USD
  Cash and cash equivalents
Commodity Murabaha and Wakala placements
Sukuk investments
Murabaha financing
Installment sales financing
Ijarah Muntahia Bittamleek
Istisna’a assets
Other assets       1,645,778
6,029 9,866,378 6,308,701 29,796,028 14,247,596 90,096,460 267,922
              Total
 152,234,892
  27,864,196
 (40,271,845)
 139,827,243
 24 FAIR VALUE (LOSS)/ GAIN ON ISLAMIC DERIVATIVES NET OF EXCHANGE LOSS
Gain/ (loss) on Islamic derivatives 7,806,375 (19,800,992) Foreign exchange (loss)/ gain       (8,079,191)   20,661,319
    31 December 2021 USD
   31 December 2020 USD
     (272,816)
 860,327
 116 ICD ANNUAL REPORT 2021













































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