Page 292 - Bank Muamalat_AR24

290 BANK MUAMALAT MALAYSIA BERHAD

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

46. COMMITMENTS AND CONTINGENCIES

In the normal course of business, the Group and the Bank make various commitments and incur certain contingent liabilities
with legal recourse to its customers. No material losses are anticipated as a result of these transactions.

Risk-weighted exposures of the Group and the Bank are as follows:
Group and Bank
2024 2023
Credit Total risk Credit Total risk
The commitments and Principal equivalent weighted Principal equivalent weighted
contingencies constitute amount amount amount amount amount amount
the following: RM’000 RM’000 RM’000 RM’000 RM’000 RM’000

Contingent liabilities
Direct credit substitutes 643,892 643,892 630,620 491,244 491,244 480,156
Trade-related contingencies 676,873 135,375 1,745 96,919 19,384 1,527
Transaction related contingencies 442,614 221,307 210,053 413,280 206,640 195,471
Commitments
Credit extension commitment:
- Maturity within one (1) year 748,737 149,747 132,074 994,501 198,900 142,547
- Maturity exceeding one (1) year 1,382,862 691,431 363,400 1,307,511 653,756 394,962
Other miscellaneous commitments
& contingencies 349,722 57,459 43,094 60,040 - -

Islamic derivative financial
instruments
Foreign exchange related contracts 1,850,608 45,625 36,350 2,287,363 38,933 19,355

6,095,308 1,944,836 1,417,336 5,650,858 1,608,857 1,234,018