Page 336 - Bank Muamalat_AR24

334 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.)
(ii) Maturity analysis of financial liabilities on an undiscounted basis

The following tables show the contractual undiscounted cash flows payable for financial liabilities by remaining
contractual maturities. The financial liabilities in the tables depicted in the following pages will not agree to
the balances reported in the statement of financial position as the tables incorporate all contractual cash flows,
on an undiscounted basis, relating to both principal and profit payments. The contractual maturity profile does
not necessarily reflect the behavioural cash flows.
The cash flows of commitments and contingent liabilities are not presented on an undiscounted basis as the
total outstanding contractual amounts do not represent future cash requirements since the Group and the Bank
expect many of these contingencies to expire or be unconditionally cancelled without being called or drawn upon
and many of the contingent liabilities are reimbursable by customers.
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
Non-derivative liabilities
Deposits from customers 18,467,016 5,215,305 5,994,636 6,332,995 850,049 36,860,001
Investment accounts of customers 245,707 - - - - 245,707
Deposits and placements of banks
and other financial institutions 341,999 112,778 - - 385,413 840,190
Bills and acceptances payable - 6,027 - - - 6,027
Other financial liabilities 44,099 - - 102,873 - 146,972
Lease liabilities 1,129 1,851 2,742 5,347 39,456 50,525
Recourse obligation on financing
sold to Cagamas - - 738,730 312,261 640,673 1,691,664
Subordinated sukuk 7,995 - 11,250 19,245 1,016,182 1,054,672
Derivative liabilities 1,201 10,559 168 5,381 - 17,309

Total financial liabilities 19,109,146 5,346,520 6,747,526 6,778,102 2,931,773 40,913,067