Page 87 - Bank Muamalat_AR24
P. 87

ANNUAL REPORT 2024                                       1  2   3  4  5 Sustainability Statement  6  7  8  85












                  LOCAL COMMUNITY
             Purpose of Our Engagement:                             Our Engagement Approach:
             •  Positively impact our communities through access to financing, service offerings,   •  Community engagement activities
               social initiatives, and community programmes         •  Online communications: Emails, corporate website, and social media
             •  To stay connected to developments and trends related to our operations to   •  Digital touchpoints: Mobile applications, Internet banking, and SMS blasts
               enhance our relevance in the communities we serve    •  Printed materials
             Stakeholders’ Expectations:                            Responses:
             •  Financial and value-based intermediation literacy awareness  •  Collaborated with various state religious councils and government agencies
             •  Efforts in tackling common EES issues                 to address the needs of the local communities
             •  Feasible and convenient access to advisory on suitable financial solutions  •  Provided access to advisory on suitable financial solutions through digital
             •  Efforts in building a resilient and thriving community  channels
                                                                    •  Extended financial relief assistance
                                                                    •  Continuously implemented corporate social responsibility initiatives
             Related Material Matter:                               Related UN SDGs:
                 Carbon       Water         Waste
              M3           M4            M5
                 Management   Management    Management

                 Community      Financial
              M9           M10
                 Development   Inclusion

                  EMPLOYEES
             Purpose of Our Engagement:                             Our Engagement Approach:
             •  To ensure clear communication of the Bank’s vision for effective execution and   •  Internal portal and emails
               delivery of strategies                               •  Social and recreational activities
             •  To address their concerns and keep them engaged and motivated  •  Employee engagement surveys and programmes
                                                                    •  Employee performance reviews
             Stakeholders’ Expectations:                            Responses:
             •  Fair remuneration, recognition, and effective performance management  •  Enhanced task delegation and improves employee performance
             •  Balanced work-life environment                        management
             •  Opportunities for career development and advancement  •  Provided employee remuneration
             •  An empowering environment that embraces diversity and enables employees to   •  Strengthened employee learning and career development programmes to
               deliver quality work output                            equip them with essential skills for them to be competitive with other peers
             •  A safe, healthy, and conducive workplace supported by flexible work practices  in the industry
                                                                    •  Conducted employee engagement and employee satisfaction surveys
                                                                    •  Developed a career development plan framework and apprenticeship
                                                                      programme
             Related Material Matter:                               Related UN SDGs:
                 Carbon       Water         Waste
              M3           M4            M5            M6 Employment
                 Management   Management    Management

                 Diversity    Training and   Ethics and
              M7           M8            M14
                 and Equal    Education     Integrity
                 Opportunity
   82   83   84   85   86   87   88   89   90   91   92