Page 268 - Bank Muamalat_AR24

266 BANK MUAMALAT MALAYSIA BERHAD

NOTES TO THE FINANCIAL STATEMENTS
31 DECEMBER 2024 (29 JAMADIL AKHIR 1446H)

18. INVESTMENT ACCOUNTS OF CUSTOMERS

(i) Investment accounts analysed by maturity portfolio are as follows:
Group and Bank
2024 2023
RM’000 RM’000

Unrestricted investment accounts:
Mudarabah
Without maturity
- SURIA 245,707 247,689

Restricted investment accounts:
Mudarabah
Maturity
- within one year 20 32

RIA is a type of restricted investment account based on the Mudarabah contract where the IAH and the Bank
agree to share the profit generated from the assets funded by the RA based on an agreed profit sharing ratio
(“PSR”), while losses shall be borne by the IAH. RIA amounting to RM20,000 (2023: RM32,000) is accounted for
as off-balance sheet as the Bank has passed its rights and obligations in respect of the assets related to the RIA
or the residual cash flows from those assets to the IAH.

(ii) By types of customer are as follows:
Group and Bank
2024 2023
RM’000 RM’000

Unrestricted investment accounts:
Individuals 245,707 247,255
Non-individuals - 434
245,707 47,689

Restricted investment accounts:
Individuals 20 32