Page 269 - Bank-Muamalat_Annual-Report-2023
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ANNUAL REPORT 2023
OUR NUMBERS
18. INVESTMENT ACCOUNTS OF CUSTOMERS
(i) Investment accounts analysed by maturity portfolio are as follows:
Group and Bank
2023 2022
RM’000 RM’000
Unrestricted investment accounts:
Mudarabah
Without maturity
- SURIA 247,689 301,158
Restricted investment accounts:
Mudarabah
Maturity
- within one year 32 79
Restricted Investment Accounts (“RIA”) is a type of restricted investment account based on the Mudarabah
contract where the Investment Account Holders (“IAH”) and the Bank agree to share the profit generated from the
assets funded by the RIA based on an agreed profit sharing ratio (PSR), while losses shall be borne by the IAH.
RIA amounting to RM32,044 (2022: RM79,100) is accounted for as off balance sheet as the Bank has passed its
rights and obligations in respect of the assets related to the RIA or the residual cash flows from those assets to
the IAH.
(ii) By types of customer are as follows:
Group and Bank
2023 2022
RM’000 RM’000
Unrestricted investment accounts:
Individuals 247,255 301,158
Non-individuals 434 -
247,689 301,158
Restricted investment accounts:
Individuals 32 79
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