Page 340 - Bank Muamalat_AR24

338 BANK MUAMALAT MALAYSIA BERHAD

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

48. FAIR VALUE MEASUREMENTS (CONT’D.)

(a) Financial instruments measured at fair value (cont’d.)
Determination of fair value and the fair value hierarchy (cont’d.)

The following table shows the financial instruments which are measured at fair value at the reporting date analysed
by the various level within the fair value hierarchy: (cont’d.)
Valuation technique using;
Quoted Observable Unobservable
Market Price Inputs Inputs
Level 1 Level 2 Level 3 Total
Group RM’000 RM’000 RM’000 RM’000

2023
Financial assets
Financial investments at FVTPL 6,585 5,112 22,010 33,707
Financial investments at FVOCI 75,381 6,322,200 107,885 6,505,466
Derivative financial assets - 12,819 - 12,819
Total financial assets measured at fair value 81,966 6,340,131 129,895 6,551,992

Financial liabilities

Islamic derivative financial liabilities - 21,519 - 21,519
Total financial liabilities measured at fair value - 21,519 - 21,519

Valuation technique using;
Quoted Observable Unobservable
Market Price Inputs Inputs
Level 1 Level 2 Level 3 Total
Bank RM’000 RM’000 RM’000 RM’000

2024
Financial assets
inancial investments at FVTPL - 4,509 7,700 12,209
Financial investments at FVOCI 136,877 7,353,277 79,817 7,569,971
Islamic derivative financial assets - 14,496 - 14,496
Total financial assets measured at fair value 136,877 7,372,282 87,517 7,596,676

Financial liabilities
Islamic derivative financial liabilities - 17,309 - 17,309

Total financial liabilities measured at fair value - 17,309 - 17,309