Page 290 - Bank-Muamalat-AR2020

288 BANK MUAMALAT MALAYSIA BERHAD About Us Our Leadership Our Strategy
ANNUAL REPORT FY2020

Notes to the fiNaNcial statemeNts
31 December 2020 (16 JamaDil awal 1442h)

46. FINANCIAL rISk MANAGEMENT OBJECTIvES AND POLICIES (CONT’D.)
(a) Credit risk (cont’d.)

(i) Maximum credit risk exposures and credit risk concentration (cont’d.)
By geographical analysis (cont’d.)
The analysis of credit concentration risk of financial assets and commitments and contingencies of the Group and
the Bank categorised by geographical distribution (based on the geographical location where the credit risk resides)
are as follows: (cont’d.)

Group Bank
Domestic Labuan Domestic Labuan
rM’000 rM’000 rM’000 rM’000

31 December 2019

On Balance Sheet Exposures
Cash and short-term funds 970,240 40,985 970,240 40,985
Cash and placements with
financial institutions 53,925 - 53,925 -
Financial investments designated
at fair value through profit and loss 139,684 169,109 139,684 169,109
Financial investments at fair value
through other comprehensive income 4,596,572 8,252 4,594,147 8,252
Financial investments amortised cost 103,162 - 103,162 -
Islamic derivative financial assets 21,859 - 21,859 -
Financing of customers 15,861,238 - 15,857,343 -
Statutory deposits with
Bank Negara Malaysia 568,768 - 568,768 -
Other assets 41,667 3 40,777 3

22,357,115 218,349 22,349,905 218,349

Commitments and contingencies
Contingent liabilities 698,672 - 698,672 -
Commitments 1,657,539 - 1,657,539 -
Islamic derivative financial instruments 4,240,283 - 4,240,283 -
6,596,494 – 6,596,494 -

Total credit exposures 28,953,609 218,349 28,946,399 218,349