Page 295 - Bank Muamalat_AR24

ANNUAL REPORT 2024 1 2 3 4 5 6 7 Our Numbers 8 293

47. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (CONT’D.)

Categories of financial instruments
The tables below provide an analysis of financial instruments categorised as follows:

(a) Amortised cost (“AC”)
(b) Fair value through other comprehensive income (“FVOCI”)

(c) Fair value through profit or loss (“FVTPL)
Carrying Amortised
amount cost FVOCI FVTPL
Group RM’000 RM’000 RM’000 RM’000

2024
Financial assets
Cash and short-term funds 2,116,600 2,116,600 - -
Deposits and placements with licensed
financial institutions 502,166 502,166 - -
Financial investments 7,584,859 - 7,569,971 14,888
Islamic derivative financial assets 14,496 - - 14,496
Financing of customers 32,349,349 32,011,377 - 337,972
Statutory deposits with Bank Negara Malaysia 680,000 680,000 - -
Other financial assets* 26,649 26,649 - -
43,274,119 35,336,792 7,569,971 367,356

Financial liabilities
Deposits from customers 36,462,088 36,462,088 - -
Investment accounts of customers 245,707 245,707 - -
Deposits and placements of banks and
other financial institutions 838,721 838,721 - -
Bills and acceptances payable 6,027 6,027 - -
Islamic derivative financial liabilities 17,309 - - 17,309
Other financial liabilities 146,970 146,970 - -
Lease liabilities 45,496 45,496 - -
Recourse obligation on financing
sold to Cagamas 1,584,301 1,584,301 - -
Subordinated sukuk 807,369 807,369 - -
40,153,988 40,136,679 - 17,309

* These balances exclude balances which are not within the scope of MFRS 9, Financial Instruments.