Page 282 - Bank-Muamalat-Annual-Report-2021

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

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

45. cOMMITMeNTs AND cONTINGeNcIes

In the normal course of business, the Group and the Bank make various commitments and incur certain contingent liabilities
with legal recourse to its customers. No material losses are anticipated as a result of these transactions.

Risk weighted exposures of the Group and the Bank are as follows:
Group and Bank
2021 2020
credit Total risk credit Total risk
The commitments and Principal equivalent weighted Principal equivalent weighted
contingencies constitute amount amount amount amount amount amount
the following: rM’000 rM’000 rM’000 rM’000 rM’000 rM’000

contingent liabilities
Direct credit substitutes 292,802 292,802 268,848 298,114 298,114 277,009
Trade-related contingencies 41,953 8,391 712 29,755 5,951 208
Transaction related contingencies 487,515 243,758 233,215 403,511 201,755 187,023

commitments
Credit extension commitment:
- Maturity within one (1) year 635,148 127,029 125,609 722,818 144,564 137,659
- Maturity exceeding one (1) year 977,994 488,997 414,004 929,662 464,831 427,279
Other miscellaneous commitments &
contingencies 25,773 14 11 7,102 - -
Islamic derivative financial
instruments
Foreign exchange related contracts 1,630,597 25,443 13,995 3,326,522 89,181 40,093
Profit rate related contract 1,200,000 47,000 9,400 1,200,000 59,000 11,800

5,291,782 1,233,434 1,065,794 6,917,484 1,263,396 1,081,071