Page 329 - Bank-Muamalat-Annual-Report-2021

ANNUAL REPORT 2021 327
SUSTAINABILITY STATEMENT OUR GOVERNANCE OUR NUMBERS OTHER INFORMATION

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

(c) Liquidity and funding risk (cont’d.)
(i) Maturity analysis of assets, liabilities, commitments and contingencies based on remaining contractual
maturity: (cont’d.)

up to >7 Days - >1-3 >3-6 >6-12 >1 year
Bank 7 Days 1 Month Months Months Months Months Total
2020 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000

commitments and
contingencies
Contingent liabilities 7,439 4,187 31,617 46,925 76,100 565,112 731,380
Commitments 65,182 93,499 199,988 74,779 433,772 785,259 1,652,479
Other Miscellaneous
Commitment and
Contingent Liabilities 6,455 88 - 161 2 396 7,102
Islamic derivative
financial instruments 483,039 820,123 864,001 917,416 241,944 1,200,000 4,526,523
Total commitments
and contingencies 562,115 917,897 1,095,606 1,039,281 751,818 2,550,767 6,917,484

(ii) Behavioural maturity of deposits from customers
In practice, deposits from customers behave differently from their contractual terms and typically, short-term
customer accounts and non-maturing savings and current deposits extend to a longer period than their contractual
maturity. The Group’s and the Bank’s behavioural maturity for deposits from customers are as follows:
Deposits from customers
up to >7 Days - >1-3 >3-6 >6-12
7 Days 1 Month Months Months Months >1 year Total
Group RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000

2021
By contractual maturity 10,347,655 3,685,222 3,241,319 3,741,358 875,146 1,222,466 23,113,166
By behavioural maturity 1,751,237 1,669,008 901,276 695,475 972,838 17,123,332 23,113,166
Difference 8,596,418 2,016,214 2,340,043 3,045,883 (97,692) (15,900,866) -

2020
By contractual maturity 9,509,884 4,662,369 3,232,770 2,894,806 725,795 475,742 21,501,366
By behavioural maturity 4,050,725 2,971,799 2,454,515 942,106 1,056,324 10,025,897 21,501,366
Difference 5,459,159 1,690,570 778,255 1,952,700 (330,529) (9,550,155) -