Page 301 - Bank-Muamalat-Annual-Report-2021

ANNUAL REPORT 2021 299
SUSTAINABILITY STATEMENT OUR GOVERNANCE OUR NUMBERS OTHER INFORMATION

46. fINANcIAL RIsk MANAGeMeNT OBJecTIves AND POLIcIes (cONT’D.)

(a) credit risk (cont’d.)
(iv) credit quality for financial investments and other financial assets (cont’d.)
Set out below are the credit quality for financial investments (non-money market instruments - debt securities) and
other financial assets analysed by ratings from external credit ratings agencies: (cont’d.)
financial investments financial investments
at amortised cost at fvOcI
Non-Money Market Instruments Non-Money Market Instruments
- Debt securities - Debt securities
Domestic Domestic Other
Ratings Total Ratings Total assets
Bank RM’000 RM’000 RM’000 RM’000 RM’000

2021
AAA+ to AA- - - 182,837 182,837 -
A+ to A- - - 10,193 10,193 -
BBB+ to BB- 107,109 107,109 3,550 3,550 -
Unrated - - 90,863 90,863 17,058
Sovereign - - 4,477,991 4,477,991 -

Total 107,109 107,109 4,765,434 4,765,434 17,058

2020
AAA+ to AA- - - 603,079 603,079 -
A+ to A- - - 36,750 36,750 -
BBB+ to BB- 105,544 105,544 - - -
Unrated - - 97,898 97,898 112,345
Sovereign - - 2,952,196 2,952,196 -
Total 105,544 105,544 3,689,923 3,689,923 112,345

The ratings shown for debt securities are based on the ratings assigned to the specific debt issuance.
As at the reporting date and prior year, none of the financial investments mentioned above are past due, except
for defaulted corporate sukuk of the Group and the Bank held under financial investments at fair value through
other comprehensive income with net outstanding amount is nil (2020: Nil), which have been classified as impaired
and fully provided for.