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NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
(Thousands of US dollars)
35. Related party
transactions and
balances
(continued)
70
Dar Al-Maal Al-Islami Trust
Annual Report 2011
c) Current and investment accounts
Associated companies
Period ended
2011
2010
Amounts payable to:
Faisal Islamic Bank of Egypt
20,000
20,000
Amounts receivable from:
Faisal Islamic Bank of Egypt
-
7
Expense on current
and investment accounts:
Ithmaar Bank B.S.C.
-
3,845
Revenue on current
and investment accounts:
Ithmaar Bank B.S.C.
-
8
Solidarity Group Holding B.S.C.
350
-
Related party transactions pertaining to acquisitions and disposals are
described in note 42.
d) Key management compensation
2011
2010
Salaries and other short-term benefits
18,313
19,909
Post-employment benefits
715
996
Other long-term benefits
515
493
19,543
21,398