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

Net Interest Income and Income From Islamic Financing and Investing Assets

  2017 2016
AED’000 AED’000
 
Loans and advances 210,579 238,916
Due from banks 8,617 8,467
Income from Islamic financing and investing assets 18,787 24,525
Others

6,916

10,256

Interest income and income from Islamic financing and investing assets

244,899

282,164

 
Customers’ deposits (55,723) (48,726)
Profit distributable to depositors (2,839) (2,975)
Due to banks and other financial institutions

(15,472)

(10,696)

Interest expense and profit distributable to depositors (74,034) (62,397)
Net interest income and income from Islamic financing and investing assets
170,865
219,767


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