Page 295 - Bank-Muamalat-AR2020

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Our Performance Sustainability Statement Governance Our Numbers Other Information

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

(ii) Credit quality for financing of customers (cont’d.)
Neither past due nor impaired
Financing of customers which are neither past due nor impaired are identified into the following grades:

- “Good grade” refers to financing of customers which are neither past due nor impaired in the last six (6)
months and have never undergone any rescheduling or restructuring exercise previously.

- “Satisfactory grade” refers to financing of customers which may have been past due but not impaired or
impaired during the last six (6) months or have undergone a rescheduling or restructuring exercise previously.
Past due but not impaired

Past due but not impaired financing of customers refers to instances where the customer has failed to make principal
or profit payment or both after the contractual due date for more than one (1) day but less than three (3) months.

Ageing analysis of past due but not impaired is as follows:
Group and Bank 1 - 2 >2 - 3
months months Total
rM’000 rM’000 rM’000

31 December 2020

Term financing
- Home financing 102,958 81,928 184,886
- Hire purchase receivables 5,055 3,831 8,886
- Other term financing 33,732 22,557 56,289
Other financing 634 3,780 4,414

Total 142,379 112,096 254,475

31 December 2019

Term financing
- Home financing 109,593 48,483 158,076
- Hire purchase receivables 5,023 3,891 8,914
- Other term financing 32,619 13,528 46,147
Other financing 4,522 380 4,902

Total 151,757 66,282 218,039