The general purpose of financial statements is to provide information about the
financial position, performance and cash flows of IFIs, which are useful to a wide
range of users in making economic decisions. It also portrays aspects of the management’s
stewardship of the resources entrusted to it. All this information, along with
other information in the notes to financial statements, allows users in assessing the
degree of compliance of the IFIs with the prescribed Shariah requirements