Page 270 - Bank-Muamalat_Annual-Report-2023
P. 270

BANK MUAMALAT MALAYSIA BERHAD




          NOTES TO THE
          FINANCIAL STATEMENTS
          31 DECEMBER 2023 (18 JAMADIL AKHIR 1445H)





          18.  INVESTMENT ACCOUNTS OF CUSTOMERS (CONT’D.)
              (iii)  Movement of investment accounts of customers:

                                                                                        Unrestricted     Restricted
                                                                                          investment     investment
                                                                                            accounts       accounts
                                                                                         Mudarabah      Mudarabah
                   Group  and  Bank                                                         RM’000          RM’000


                   2023
                   At 1 January 2023                                                        301,158            79
                   New placements                                                          1,817,186           32
                   Redemptions                                                            (1,870,655)          (79)
                   At 31 December 2023                                                      247,689            32

                   2022
                   At 1 January 2022                                                         216,978          132
                   New placements                                                          1,566,701           41
                   Redemptions                                                             (1,482,521)         (94)

                   At 31 December 2022                                                       301,158           79

              (iv)  The allocation of investment asset are as follows:
                                                                                                Group  and  Bank
                                                                                               2023          2022
                                                                                            RM’000         RM’000

                   Unrestricted  investment  accounts:
                   Home  financing                                                              434        301,158
                   Total  investment                                                            434        301,158

                   Restricted  investment  accounts:
                   Term  financing                                                               32            79
                   Total  investment                                                             32            79






















          268
   265   266   267   268   269   270   271   272   273   274   275