Page 287 - Bank Muamalat_AR24
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ANNUAL REPORT 2024 1 2 3 4 5 6 7 Our Numbers 8 285
39. FINANCE COSTS
Group and Bank
2024 2023
RM’000 RM’000
Subordinated sukuk 38,513 38,396
Financing sold to Cagamas 45,622 41,939
Lease charges 2,019 1,839
86,154 82,174
40. ZAKAT
Group Bank
2024 2023 2024 2023
RM’000 RM’000 RM’000 RM’000
Provision of zakat for the year 8,924 10,618 8,661 10,320
Over provision in prior year (99) (391) (85) (391)
8,825 10,227 8,576 9,929
41. TAXATION
Group Bank
2024 2023 2024 2023
RM’000 RM’000 RM’000 RM’000
Current income tax 43,324 71,967 41,904 70,604
Under/(Over) provision in prior years 57 (1,533) 76 (1,470)
43,381 70,434 41,980 69,134
Deferred tax: (Note 16)
Relating to origination and reversal of temporary
differences (9,731) 1,749 (9,718) 2,312
Under provision in prior years 700 1,358 152 1,335
(9,031) 3,107 (9,566) 3,647
34,350 73,541 32,414 72,781
