Page 27 - Bank-Muamalat-Annual-Report-2021

ANNUAL REPORT 2021 25
SUSTAINABILITY STATEMENT OUR GOVERNANCE OUR NUMBERS OTHER INFORMATION

The Bank also achieved the “Best Bank Sukuk” award under
the “Best Deals by Country” category at the Asset Triple A
Our mission to deliver value Islamic Finance Award 2021 in recognition for its role as
to our stakeholders drove our the joint lead manager for Malaysia’s landmark Sukuk deal
issued by the largest local Development Financial Institution.
performance for the year. For On top of that, MARC Ratings upgrade of the Bank’s
our shareholders, we delivered financial institution ratings to A+/MARC-1 and the Bank's
Islamic Senior Notes Programme (Senior Sukuk) of up to
sterling 48.6% PBZT growth RM2.0 billion to A+IS reflect growing confidence in Bank
that enabled higher Return Muamalat. These improved credit metrics were achieved on
the back of healthy capitalisation levels, reflecting continued
on Equity (“ROE”) of 9.5% improvement in the Bank’s financial performance, with asset
compared to 6.8% in FY2020. quality and profitability metrics in line with peers in the same
rating band.

DELIVERING VALUE TO OUR STAKEHOLDERS

It has been a dynamic year of strategic gains. Beyond fulfilling Our mission to deliver value to our stakeholders drove our
the Bank's mandate and supporting national interests, several performance for the year. For our Shareholders, we delivered
significant achievements that solidified Bank Muamalat's sterling PBZT growth that enabled higher Return on Equity
reputation were garnered in FY2021. A key highlight was (“ROE”) of 9.5% compared to 6.8% in FY2020.
the launch of iTEKAD Mawaddah in August 2021. This was
a testament of the Bank's continuous efforts to offer initial More information in Analysis of Financial Performance on page 27
capital and structured training to micro enterprises impacted
by the pandemic. Following this, Bank Muamalat’s SJKP
SMART Mortgage scheme, introduced to help eligible groups
own their first home, attained a Special Award for Promoting
the Housing Credit Guarantee Scheme 2020-2021 by Syarikat
Jaminan Kredit Perumahan (“SJKP”) Berhad.

PRESIDENT &

9.5% A+/MARC-1 “Best Bank Sukuk”
CHIEF EXECUTIVE Return on Equity ("ROE") Financial Institution MARC Rating award Asset Triple A Islamic Finance
(FY2020: 6.8%)
Award 2021

OFFICER’S STATEMENT