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Trading Information in the Regular Market

2020 2019 2018
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 1.40 1.36 1.12
Value Traded (JD) 6,101,404 4,748,817 5,795,068
No. of Shares Traded 4,539,183 3,682,030 4,940,934
No. of Transactions 1,569 2,408 1,431
No. of Subscribed Shares 100,000,000 100,000,000 100,000,000
Market Capitalization (JD) 140,000,000 136,000,000 112,000,000
Fiscal Year Ended 31/12/2020 31/12/2019 31/12/2018

Assets (JD)

2020 2019 2018
Cash and Balances at Central Bank 351,694,499 278,816,552 118,767,358
Balances with Banks and Financial Institutions 9,669,834 6,513,543 13,264,923
International wakala investments 78,717,349 70,790,378 56,020,856
Investments Accounts at Banks and Banking Institutions 0 0 0
Deferred sales receivables and other receivables - net 754,662,396 641,388,269 448,797,891
Deferred sales receivables through the income statement 0 0 0
Ijara assets - Net 422,067,496 382,860,291 327,252,472
Finance Investments (Finances-Net) 0 0 0
Financial assets at fair value through OCI 0 0 340,500
Financial assets at fair value through the joint investments accounts holders equity 58,488,983 32,856,966 28,115,798
Financial assets at amortized cost - net 92,191,000 92,191,000 92,191,000
Financial assets at fair value through profit or loss 1,513,175 3,536,138 688,489
Qard Hassan loans - net 962,062 509,660 509,660
Investments in Affiliates 349,507 354,022 376,618
Real Estate investments 0 0 0
Local wakala investments 0 0 0
Fixed assets - net 22,889,345 23,886,014 24,251,426
Intangible assets 2,024,886 2,043,279 1,600,907
Deferred Tax Assets - self and joint 5,313,875 1,661,190 723,606
Other Assets 19,694,796 19,513,281 8,572,011
Total Assets 1,820,239,203 1,556,920,583 1,121,473,515

Liabilities (JD)

2020 2019 2018
Banks and financial institutions deposits 25,085,579 1,522,392 436,283
Customers current accounts 228,380,089 181,361,486 143,608,583
Cash Margins 26,856,968 35,875,353 12,470,264
Accounts Payable 0 0 0
Other provisions 954,597 421,785 380,785
Income tax provision 8,298,808 6,936,284 4,031,024
Deferred tax liabilities 0 0 0
Other liabilities 49,320,667 50,501,366 28,819,408
Total liabilities 338,896,708 276,618,666 189,746,347
Unrestricted Investment Accounts Holders Equity
Unrestricted investment accounts 1,326,573,194 1,135,016,343 786,986,288
Investment Accounts Holders Reserve-Subsidiaries & Affiliates 0 0 0
Fair Value reserve-Net 151,894 48,157 -552,665
Deferred tax liabilities 0 0 0
Provision for contingent liabilities 0 0 0
Total Unrestricted Investment Accounts Holders` Equity 1,326,725,088 1,135,064,500 786,433,623
Investment Risks Fund 0 0 1,945,997
Provision for Income Tax on Investment Risks Fund 0 787,149 2,052,566

Shareholders Equity (JD)

2020 2019 2018
(Paid-up) Capital 100,000,000 100,000,000 100,000,000
Statutory reserve 27,485,171 25,902,069 24,181,881
Voluntary reserve 0 0 0
General banking risks reserve 0 0 0
Other Reserves 0 0 0
Issuance Premium 0 0 0
Issuance Discount 0 0 0
Treasury 0 0 0
Foreign Currencies Translation 0 0 0
Fair Value reserve - net 0 0 -24,510
Cash Dividends 6,000,000 0 7,000,000
Stock Dividends 0 0 0
Retained Earning (losses) 21,132,236 18,548,199 10,137,611
Total shareholders equity 154,617,407 144,450,268 141,294,982
Non-controlling Interest 0 0 0
Total liabilities,unrestricted investment accounts holders equity,Non-controlling Interest and shareholders equity 1,820,239,203 1,556,920,583 1,121,473,515

Income Statement (JD)

2020 2019 2018
Joint deferred sales revenues 47,806,599 40,992,345 30,934,645
Financing revenues 0 0 0
Profits of financial assets at fair value through the joint investment accounts holders equity 1,810,043 1,475,258 1,333,579
Profit from financial assets at fair value through unrestricted investment accounts 122,759 123,343 20,235
Financial assets at amortized cost revenues 4,137,690 4,126,385 2,107,731
Share of funds involved in investment from the profits distributed by Affiliates and subsidiaries 5,485 -12,596 8,356
Real Estate Revenues 0 0 0
Ijarra Assets Revenues 31,653,197 30,417,721 26,099,095
Local Wakala investments profits 0 0 0
International Wakala investments profits 865,064 1,960,584 1,091,469
Revenues of other Investments 32,201 758,409 577,070
Foreign currency profit (loss) 62,892 6,267 -697
Net Business Results of Subsidiaries 0 0 0
Share of funds involved in investment from the profits of affiliates 0 0 0
Other (revenues) expenses 0 0 0
Total joint unrestricted investment accounts revenues 86,495,930 79,847,716 62,171,483
Unrestricted investment accounts holders` share -49,786,021 -42,341,479 -25,270,052
Unrestricted investment accounts holders` share of the net business results of subsidiaries 0 0 0
Non-Controlling interests share of the net business results of subsidiaries 0 0 0
Share of funds involved in investment from the profits of affiliates 0 0 0
Investment risks fund share 0 -2,416,902 -6,217,148
Profit Reserves Payback() 0 0 0
Bank`s share of unrestricted investment accounts revenues as Mudareb and Rab Mal 36,709,909 35,089,335 30,684,283
Bank`s self-owned revenues 671,095 1,104,804 715,102
Bank`s share in restricted investment accounts revenues as Mudareb 0 0 0
Bank`s share in restricted investment accounts revenues as Wakeel 129,099 283,056 182,949
Foreign currency revenues 922,916 1,075,782 510,533
Banking services revenues 4,946,663 5,402,964 4,343,665
Other revenues -981,468 -77,570 292,258
Total income 42,398,214 42,878,371 36,728,790
Employees expenses 13,123,431 13,151,976 12,468,227
Depreciation and amortization 4,696,519 4,359,605 2,523,662
Other expenses 8,212,645 7,129,929 8,109,818
Ijara assets depreciation 395,003 798,847 462,631
Real estate investments depreciation 0 0 0
Impairment in deferred sales receivables 0 0 0
Other Provisions 84,596 181,138 40,362
Total expenses 26,512,194 25,621,495 23,604,700
Profit for The Year Before Tax 15,886,020 17,256,876 13,124,090
Income tax 5,663,881 7,185,657 4,719,991
Income tax (Previous Years) 0 0 0
Universities and Research Train Fees 0 0 0
Board of Directors Remuniration 55,000 55,000 53,438
Net income 10,167,139 10,016,219 8,350,661
Non-controlling Interest 0 0 0
Pertains to Shareholders 10,167,139 10,016,219 8,350,661

Cash Flow (JD)

2020 2019 2018
Cash Balance (Beginning) 283,807,703 131,595,998 125,628,556
Net Cash Flow from (Used in) Operating Activities -103,998,602 -162,899,308 -70,232,310
Net Cash Flow from (Used in) Investing Activities -33,513,852 -24,475,816 -52,999,950
Net Cash Flow from (Used in) Financing Activities 189,983,505 339,586,829 129,199,702
Differences in Exchange 0 0 0
Cash Balance (Ending) 336,278,754 283,807,703 131,595,998

Financial Ratios

2020 2019 2018
Turnover Ratio % 4.540 3.680 4.940
Earning Per Share (JD) 0.100 0.100 0.080
Dividend Per Share (JD) 0.060 0.000 0.070
Book Value Per Share (JD) 1.550 1.440 1.410
Price Earnings Ratio (Times) 13.770 13.580 13.410
Dividend Yield % 4.290 0.000 6.250
Dividend Per Share to Earning Per Share % 59.010 0.000 83.830
Price to Book Value (Times) 0.910 0.940 0.790
Return On Assets % 0.560 0.640 0.740
Return On Equity % 6.580 6.930 5.910
Joint deferred sales and Banking services / Total Income % 100.140 97.670 97.810
Joint deferred sales / Deferred sales receivables, Net and Finances-Net % 7.410 7.930 8.120
Net Income / Total Income % 23.980 23.360 22.740
Total Income / Total Assets % 2.330 2.750 3.280
Equity Ratio % 8.490 9.280 12.600
Shareholders Equity / Total Deposits % 9.790 10.960 15.180
Debt Ratio % 91.510 90.720 87.400
Total Deposits / Total Assets % 86.800 84.650 83.020
Deferred sales receivables, Net and Finances-Net % to Total Assets % 64.700 65.820 69.240
Deferred sales receivables, Net and Finances-Net % to Total Deposits % 74.540 77.760 83.410
Shareholders Equity to Deferred sales receivables, Net and Finances-Net % 13.130 14.100 18.190
Quick Ratio (Times) 0.230 0.220 0.140
Cash & Investments to Total Deposits % 32.520 31.430 27.250
Cash + Financial assets at fair value through income statement / Total Deposits (Times) 0.230 0.220 0.140