Page 214 - Bank-Muamalat-Annual-Report-2021

212 bank MuaMalat Malaysia berhaD
ABOUT US OUR LEADERSHIP OUR STRATEGY OUR PERFORMANCE

NOTES TO THE FINANCIAL STATEMENTS
31 DECEMbEr 2021 (26 JAMADIL AwAL 1443H)

5. fINANcIAL INvesTMeNTs (cONT’D.)

(ii) financial investments at fair value through other comprehensive income (cont’d.)
Movements in the allowances for impairment losses on debt instruments at fair value through other comprehensive
income are as follows for the Group and the Bank: (cont’d.)
stage 1 stage 2 stage 3
Lifetime ecL Lifetime ecL
not credit credit
12-Months ecL impaired impaired Total ecL
rM’000 rM’000 rM’000 rM’000

At 31 December 2020
At 1 January 2020 119 - 37,251 37,370
Allowance made 20 - - 20
Amount written back in respect of recoveries (58) - - (58)
Amount written off - - 1,250 1,250
Exchange differences - - (260) (260)
At 31 December 2020 81 - 38,241 38,322

(iii) financial investments at amortised cost
Group and Bank
2021 2020
rM’000 rM’000

At amortised cost
Unquoted Islamic corporate sukuk in Malaysia 146,749 145,515
less: Accumulated impairment losses (39,640) (39,971)

Total financial investments at amortised cost 107,109 105,544