Page 347 - Bank Muamalat_AR24

ANNUAL REPORT 2024 1 2 3 4 5 6 7 Our Numbers 8 345

51. CAPITAL ADEQUACY (CONT’D.)

(a) The core capital ratios and risk-weighted capital ratios of the Group and the Bank are as follows: (cont’d.)
Group
2024 2023
RM’000 RM’000

Less: Regulatory Adjustment
Deferred tax assets (51,615) (42,929)
Investment property gain (10,493) (8,363)
Regulatory reserve (145,404) (155,747)
Cumulative gains of financing measured at FVTPL (12,655) (17,084)
Intangible asset (net of deferred tax liabilities) (119,023) (104,651)
Total Common Equity Tier 1 Capital 2,810,994 2,758,972

Additional Tier 1 Capital

Perpetual Sukuk 350,000 350,000
Total Tier-I Capital 3,160,994 3,108,972

Tier 2 capital

Subordinated sukuk 800,000 800,000
Loss provision and regulatory reserve* 297,473 284,124
Add: Investment property gain 4,722 3,763
Total Tier 2 Capital 1,102,195 1,087,887
Total Capital Base 4,263,189 4,196,859

Ratio (%)
CET 1 Capital 11.040% 11.401%
Tier 1 Capital 12.414% 12.848%
Total Capital 16.743% 17.343%

* Tier 2 Capital comprise collective allowance on non-impaired financing customers and regulatory reserve, subject
to maximum of 1.25% of total credit risk-weighted assets less credit risk absorbed by profit sharing investment
account.