Page 332 - Bank Muamalat_AR24

330 BANK MUAMALAT MALAYSIA BERHAD

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

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

(c) Liquidity and funding risk (cont’d.)
(i) Maturity analysis of assets, liabilities, commitments and contingencies based on remaining contractual maturity:

On demand
or up to >1-3 >3-6 >6-12
1 Month Months Months Months >1 Year Total
Group RM’000 RM’000 RM’000 RM’000 RM’000 RM’000

2024
Assets
Cash and short-term funds 2,116,600 - - - - 2,116,600
Deposits and placements with
licensed financial institution - 502,166 - - - 502,166
Financial investments at FVTPL - - - 14,888 - 14,888
Financial investments at FVOCI - 35,574 352,544 582,061 6,599,792 7,569,971
Islamic derivative financial assets 1,280 815 7,369 5,032 - 14,496
Financing of customers 658,964 668,895 305,246 2,782,243 27,934,001 32,349,349
Statutory deposits with
Bank Negara Malaysia - - - - 680,000 680,000
Other financial assets* 55 - - 26,594 - 26,649
Total financial assets 2,776,899 1,207,450 665,159 3,410,818 35,213,793 43,274,119

Liabilities
Deposits from customers 18,460,450 5,182,191 5,904,482 6,145,805 769,160 36,462,088
Investment accounts of customers 245,707 - - - - 245,707
Deposits and placements of banks
and other financial institutions 341,353 111,955 - - 385,413 838,721
Bills and acceptances payable - 6,027 - - - 6,027
Islamic derivative financial assets 1,201 10,559 168 5,381 - 17,309
Other financial liabilities 44,099 - - 111,800 - 155,899
Lease liabilities 963 1,320 2,274 4,488 36,451 45,496
Recourse obligation on financing
sold to Cagamas - - 729,330 301,635 553,336 1,584,301
Subordinated sukuk 7,160 - 989 - 799,220 807,369
Total financial liabilities 19,100,933 5,312,052 6,637,243 6,569,109 2,543,580 40,162,917
Net maturity mismatch (16,324,034) (4,104,602) (5,972,084) (3,158,291) 32,670,213 3,111,202

Commitments and contingencies
Contingent liabilities 19,210 26,417 55,850 160,978 1,500,924 1,763,379
Commitments 303,384 191,893 68,142 57,493 1,510,687 2,131,599
Other Miscellaneous Commitment
and Contingent Liabilities 54,266 - - - 295,456 349,722
Islamic derivative financial instruments 310,472 333,361 60,718 631,512 514,545 1,850,608
Total commitments and
contingencies 687,332 551,671 184,710 849,983 3,821,612 6,095,308

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