Page 6 - Bank-Muamalat-Annual-Report-2021

ABOUT THIS REPORT

REPORTING FRAMEWORKS

This Annual Report 2021 (“AR2021”) covers the period from
1 January 2021 to 31 December 2021, in alignment with the
reporting period of our parent company, DRB-HICOM Berhad. This
report is provided annually.

We have developed this AR2021 with an aim to provide a
balanced and comprehensive reporting of the Bank’s financial and
non-financial performance, benchmarked against our strategy
and our delivery of long-term value. This report also includes our
outlook for the short, medium and long-term to ensure our
stakeholders receive a holistic view of our performance to assist in
their decision-making.

SCOPE AND BOUNDARY

This report discloses the performance of Bank Muamalat
and its subsidiaries, located in Malaysia. In developing this
report, we have adhered to the requirements of Bursa Malaysia
Securities Berhad’s Main Market Listing Requirements and
Sustainability Reporting Guide (Second Edition), the Malaysian
Code on Corporate Governance, Bank Negara Malaysia’s Policy
Documents and Guidelines, the Malaysian Financial Reporting
Standards (“MFRS”), International Financial Reporting Standards
(“IFRS”), the Companies Act 2016, the International Integrated
Reporting Council’s (“IIRC”) Integrated Reporting Framework
(“the Framework”) and the Global Reporting Initiative’s (“GRI”)
Sustainability Reporting Standards.

Unless otherwise stated, information disclosed in this report is as
at 31 December 2021.

Navigation Icons
In line with the Framework, we have reported on our value creation activities in relation to
the Six Capitals. For ease of reference, the following navigation icons are used to represent
each capital and will appear throughout this report as the capitals are discussed:

Financial Manufactured Human
Capital Capital Capital

Intellectual Social Natural
Capital Capital Capital