Page 281 - Bank-Muamalat-AR2020

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Our Performance Sustainability Statement Governance Our Numbers Other Information

45. COMMITMENTS AND CONTINGENCIES
In the normal course of business, the Group and the Bank make various commitments and incur certain contingent liabilities
with legal recourse to its customers. No material losses are anticipated as a result of these transactions.

Risk weighted exposures of the Group and the Bank are as follows:
Group and Bank
31 December 2020 31 December 2019
Credit Total risk Credit Total risk
The commitments and Principal equivalent weighted Principal equivalent weighted
contingencies constitute amount amount amount amount amount amount
the following: rM’000 rM’000 rM’000 rM’000 rM’000 rM’000

Contingent liabilities
Direct credit substitutes 298,114 298,114 277,009 231,450 231,450 205,352
Trade-related contingencies 29,755 5,951 208 38,679 7,736 1,494
Transaction related contingencies 403,511 201,755 187,023 428,543 214,272 201,091
Commitments
Credit extension commitment:
- Maturity within one (1) year 722,818 144,564 137,659 879,658 175,932 171,477
- Maturity exceeding one (1) year 929,662 464,831 427,279 777,881 388,941 373,034
Other miscellaneous
commitments & contingencies 7,102 - - - - -

Islamic derivative
financial instruments
Foreign exchange related contracts 3,326,522 89,181 40,093 2,965,283 58,660 28,638
Profit rate related contract 1,200,000 59,000 11,800 1,275,000 71,188 14,238
6,917,484 1,263,396 1,081,071 6,596,494 1,148,179 995,324