Page 244 - Bank-Muamalat-Annual-Report-2021
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242 bank MuaMalat Malaysia berhaD
ABOUT US OUR LEADERSHIP OUR STRATEGY OUR PERFORMANCE
NOTES TO THE FINANCIAL STATEMENTS
31 DECEMbEr 2021 (26 JAMADIL AwAL 1443H)
15. LeAses
15.1 Group and the Bank as a lessee
The Group and the Bank have leases for leasehold land, building and office equipment. Lease contracts are typically
made for fixed periods of one (1) to three (3) years, but may have extension options.
With the exception of short-term leases and leases of low-value underlying assets, each lease is reflected on the
statements of financial position as a right-of-use asset and a lease liability.
Leases are either non-cancellable or may only be cancelled by incurring a substantive termination fee. Some leases
contain an option to extend the lease for a further term.
(a) Leases liabilities
Profit rate Maturity Group
(%) 2021 2020
rM’000 rM’000
Non-current 4.5 2023 - 2024 250 -
Non-current 5.5 2023 - 2024 24,186 28,652
Current 5.5 2022 7,315 12,989
31,751 41,641
Profit rate Maturity Group
(%) 2021 2020
rM’000 rM’000
Non-current 4.5 2023 - 2024 250 -
Non-current 5.5 2023 - 2024 24,186 20,667
Current 5.5 2022 7,315 13,351
31,751 34,018
